Ethereum Devs Once Again Approve ASIC-Resistant Algorithm ProgPoW

Ethereum core developers once again discussed the proposed ASIC-resistant PoW algorithm ProgPoW, reaching an overall consensus on its implementation. Ethereum (ETH) core devs once again discussed the proposed Application Specific Integrated Circuit (ASIC)-resistant Proof of Work (PoW) algorithm ProgPoW during their weekly meeting on March 15. This week, the devs again reached an overall consensus […]

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As ProgPoW Aimed at Stopping ASIC Mining Gets Supporting Votes, New Conspiracies and Debates Appear

Despite the large number of opponents and rumors of collusion between Ethereum developers and GPU producers, the ProgPoW algorithm has been supported by 94 percent of the community. Ethereum (ETH) network users have unanimously supported the ProgPoW algorithm, which is expected to make the platform resistant to application-specific integrated circuit (ASIC) miners. Initially, opponents of […]

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Crypto Winter Survivor: Inside Nvidia’s Difficult Relationship With Mining

U.S. hardware manufacturer Nvidia reported full-year revenue gains in 2018. On Feb. 14, California-headquartered gaming and computer hardware manufacturer Nvidia reported full-year revenue gains in 2018, despite being one of the companies worst hit by the cryptocurrency market dip and subsequent lack of demand for mining components. The firm’s main products include graphics processing units […]

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Report: Analyst Finds Nvidia Earned $1.35 Billion More in Total Crypto Revenue Than Stated

RBC analyst Mitch Steves found through calculations that Nvidia reportedly earned $1.35 bln more in crypto, blockchain revenue than reported. Taiwan-based computer hardware producer Nvidia reportedly earned nearly $1.35 billion more due to crypto and blockchain than it had stated. The numbers were calculated by RBC Capital Markets analyst Mitch Steves, financial news website Market […]

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Ethereum Devs Delay ASIC-Resistant PoW Algorithm Decision Until Third-Party Audit

Ethereum core developers have decided to delay their decision regarding the implementation of ASIC-resistant protocol, ProgPoW. Ethereum (ETH) core developers have delayed the decision to implement Application-Specific Integrated Circuit (ASIC)-resistant proof-of-work (PoW) algorithm ProgPoW. According to an Ethereum core developer meeting on Feb. 1, the team wants to wait until the algorithm is audited by […]

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