#asic resistant

Obelisk Sets Out to Challenge ASIC Miners

New chip manufacturers Obelisk is bringing competition to Bitcoin mining as it intends to work with cryptocurrency projects to get ahead of the game. CEO David Vorick is planning to develop consensus algorithms allowing Obelisk’s ASIC miners to start mining when the project launches.

ASIC mining, which involves powerful processors that can mine Bitcoin blocks more quickly than the average laptop,…

In search of the best CryptoNote coins

American Bald eagle You may be asking yourself”why would a photographer be interested in Cryptocurrency?” The answer is simple artists, videographers, and photographers already own the high-performance computers with video cards suitable for cryptocurrency mining and an individual can only work so many hours a day. The rest of the time the equipment sits idle. Idle equipment earns you nothing,…