Cryptocurrency Q&A
Is CryptoNight ASIC-resistant?
Is CryptoNight ASIC-resistant?
CherryBlossomDancing
Wed Jan 15 2025
|
5 answers
1366
I'm wondering if CryptoNight, which is a proof-of-work algorithm, is resistant to ASIC mining. I've heard that it's designed to be ASIC-resistant, but I'd like to confirm this.
5 answers
Starlight
Fri Jan 17 2025
Despite these efforts, CryptoNight has yet to fully attain its ultimate goal of being resistant to ASIC mining hardware.
Was this helpful?
129
87
MysticGalaxy
Fri Jan 17 2025
One of the significant advantages of CryptoNight is its capacity to provide a superior level of anonymity to transactions.
Was this helpful?
382
53
CryptoGladiator
Fri Jan 17 2025
This feature allows it to obscure the sending address, thereby giving it an edge compared to various other algorithms and protocols.
Was this helpful?
261
20
charlotte_bailey_doctor
Fri Jan 17 2025
CryptoNight stands as a formidable algorithm in the realm of cryptocurrency mining.
Was this helpful?
290
90
MichaelSmith
Fri Jan 17 2025
It has made strides in restoring a degree of equality to the mining process.
Was this helpful?
304
79
