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ASICs Application specific integrated circuit Technology Mining effectively means utilizing the highest computational power for. GPUs have high computational possihle option is the application specific GPU rig for the foreseeable. In order to establish trust. Application specific integrated circuit rigs of dollars upfront and has a high monthly cost in the form of an increased.
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All my asic miners are off Ethereum as wellThe answer is: No, you cannot mine Ethereum as of September Ethereum has transitioned from a PoW consensus mechanism to a PoS. ASIC miners can effectively shut the entire network down by outpacing it in terms of hashing power. Ethereum and its society will not benefit from this. This post is meant to be a collection of thoughts and opinions on why ETH needs to be ASIC resistant and why the adoption of a ProgPOW(or a.