Do ASICS kills proof of work

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  • Опубликовано: 5 фев 2025
  • In this video, we explore the topic of ASICs and their impact on proof of work coins. ASICs, or Application-Specific Integrated Circuits, are specialized machines that are designed to mine cryptocurrencies using the proof of work algorithm. But do these powerful machines pose a threat to the integrity of proof of work coins? We'll answer that question and more in this video.
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Комментарии • 6

  • @DjMines
    @DjMines Год назад +3

    Great words of wisdom. For me, I am a crypto miner, not just a gpu miner. I'll mine cpu, asic or gpu, just depends on what is worth my time at the moment

  • @gandolfgrey5385
    @gandolfgrey5385 Год назад +2

    I couldn't agree more the constant content with "New" asic miner and then it's some box miner, makes me LMFAO every time!!!! Or the ones where people are stacking crap box miners, and people say farm expansion, makes me roll my eyes. It amazes me that people can't see that the MFG's are robbing them blind.

  • @blackmennewstyle
    @blackmennewstyle Год назад +2

    Your did not really answer the title of your own video and you delivered a half backed cake lol
    What about the differences between buying a GPU and buying a specialized hardware? How obsolescence works in the long run between the two?
    Is it more easy to scale down an ASIC mining farm than a GPU mining farm?
    Is it more easy to resell an ASIC than a GPU?
    So many angles to tackle down to be honest. I don't think you can make a clear conclusion within a 6 minutes video :)
    Have a great weekend guys

    • @CoastalCryptoMining
      @CoastalCryptoMining  Год назад +2

      our next live stream we will address these questions specifically