Bitcoin Forum
July 01, 2024, 11:02:40 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: SHA 256, Scrypt, what next when ASICs take over?  (Read 409 times)
bcrypto (OP)
Full Member
***
Offline Offline

Activity: 154
Merit: 100


View Profile
January 05, 2014, 09:36:19 PM
 #1

Hi all,

I was wondering where we would aim our GPU hashing power to once ASICs hit the Scrypt market. Will a new ASIC resistant algoritm be created?
Kluge
Donator
Legendary
*
Offline Offline

Activity: 1218
Merit: 1015



View Profile
January 05, 2014, 09:39:13 PM
 #2

No, because Scrypt is ASIC-resistant. It isn't resistant because ASICs weren't already out for it, but because it's difficult to create an efficient, low-cost ASIC for Scrypt. Just check out the price and specs of pre-orders on potential vaporware right now. Even with all that risk, they're still more expensive than GPU mining.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!