Post of the Month - June 2018

[BTG]

Here is my entry!

How Bitcoin Gold handled ASIC threat?

Couple of months back, Bitmain, a prominent manufacture of ASIC miners, released equihash minier. This was seen as a big threat to all coins that made use of equihash algorithm, including Bitcoin Gold. The coin BTG was forked out of Bitcoin to take away decentralization from Bitcoin, which is only mineable using ASIC machines – something that cannot be bought in a general computer store. So why hate ASICs? One argument for the ASICs is that they help to improve the overall network security. On…