Monero's new PoW algorithm - RandomX - is going live Nov 30, and aims to put mining back within reach of normal users. This isn't your ordinary hard-fork attempt at keeping ASICs away. It is a characteristically unique innovation, where modern CPUs are the ASICs.
It accomplishes this by utilizing the full resources of a modern CPU: Virtual machines, out-of-order operations, floating-point (decimal) math, branch prediction, large on-chip memory, and large RAM, among others. These are physical on-chip units which make modern processors versatile and "smart," so to speak.
By comparison, normal hashing is a very simple algorithm, easily printed directly to a circuit board (ASICs). If you wanted to design an ASIC for RandomX, you would basically be re-inventing a modern CPU. Again, this is a characteristically unique approach, not just a tweak.
Most people will reasonably be able to mine with their laptop or home computer. You won't get rich mining RandomX, but you will be able to earn a small amount of Monero over time. There are a number of interesting dynamics at play, and theories on how the ecosystem will respond. Share your questions/ideas, and I'll do my best to respond.
Submitted November 03, 2019 at 04:02PM by bawdyanarchist https://ift.tt/33cKNRr https://ift.tt/2Z7cX2s
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