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Monero Should Have Embraced SHA3 and ASICs to Improve Mining Efficiency
The opinion suggests that CPU mining is not advantageous, and that Monero should have transitioned to SHA3 and adopted ASIC-friendly mining practices.
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AI Analysis
The current stance in the Monero community involves resistance to ASIC development, primarily to preserve decentralization. However, this approach often results in less efficient mining methods, such ...
AI Recommendation
Considering the insights, it might be beneficial for Monero to further evaluate the potential advantages of adopting a more ASIC-friendly algorithm such as SHA3. Facilitating the development of ASIC m...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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