explaining: they use a more complex mining algorithm and they say that this makes monero asic resistance, you can mine from pc, muh decentralize. The reality is that the only reason its asic resistant is economic irrelevance, noone has no incentives to build a propose to market a machine optimized to mine this shit.
Also mining is actually iper centralized, with 2 mining pools consistently achieving something like 70% of hash power.
ponymontana💜⚡
npub185…836k8
2025-03-31 22:04:19
in reply to nevent1q…7zwa
Author Public Key
npub185pu2dsgg9d36uvvw7rwuy9aknn8hnknygr7x2yqa60ygvq6r8kqc836k8Published at
2025-03-31 22:04:19Event JSON
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"created_at": 1743458659,
"kind": 1,
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"content": "explaining: they use a more complex mining algorithm and they say that this makes monero asic resistance, you can mine from pc, muh decentralize. The reality is that the only reason its asic resistant is economic irrelevance, noone has no incentives to build a propose to market a machine optimized to mine this shit.\nAlso mining is actually iper centralized, with 2 mining pools consistently achieving something like 70% of hash power.",
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