A Response to the ASIC Threat

Originally published at: https://bitcoingold.org/a-response-to-the-asic-threat/

This week, we learned that the dominant specialty crypto mining hardware maker (Bitmain) has released an “ASIC” miner for Equihash, which means it would be able to mine BTG if we were to allow that to happen. We will not allow that to happen. ASIC-resistance is central to our mission. Bitcoin Gold, BTG, was conceived…

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I feel this is a very strong statement not only for Bitcoin Gold investors, and BTG mining community, but for the cryptocurrency world at large. In a short time we have witnessed exchanges file for bankruptcy and ICO’s hit a billion dollars in funding while their investors are being left out in the cold dealing with redtape. I’m looking forward to new safeguard implementations as well as the future accolades that BTG will receive for standing up for their community.

Thank you for your efforts!

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Anxiety and anxiety disappear.

I am very pleased with the decision.

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