Gri̇n i̇s di̇sappeari̇ng

[Anynomous]

@GrinDarkNetBank Not sure what you mean, no one kicks anyone out, that is not even possible since mining is decentralized and any valid block is accepted. Mining is an open market for all coins, including Grin. Meaning the hashrate natural goes up and down with the price of Grin since some miners might become unprofitable. The choice for an ASIC friendly mining was not trivially made, ASICS are by far preferred for long term security. Read the documentation and discussions below to understand why Grin is ASIC friendly and why that is the right choice :

Proof of Work - Grin Documentation

Being ASIC-resistant or not?

[cross-post from Gitter] Following up on something that was posted in /dev yesterday by @beardofmerlin, I discovered apoelstra’s ASIC paper through the Gitter channel last week, and after reading and digesting it, the conversations here, and what’s happening elsewhere in crypto, I had similar questions as him around the community’s position regarding ASICs. I’m not a miner. I’m curious to hear the different positions and thinking of others around this. To me, it seems to be very much a questio…

ASICs and Governance

Thought I’d spin off a more durable discussion here from Gitter, as it’s a topic that many should be interested in. It’s also a good first governance-related topic. Warning: it’s a long read. The news that influence this discussion is the release by Bitmain of Ethash (Ethereum), Cryptonight (Monero) and Equihash (Zcash) miners. The fact they’re announced around the same time may not be coincidental. It could be a marketing strategy, or it could be that bitmain has become a lot better at produci…