requires an asic device to carry out the mining process. This would allow for anyone with a computer to become a miner. Certain hashing algorithms are designed to prevent a massive asic advantage over. Currently, there are several companies, such as Bitmain and Canaan, that design asics. The GPU is the Graphics Processing Unit. This is due to its CryptoNight algorithm, another memory bound hashing algorithm that relies on random access to slow memory. The price of high-end GPUs has skyrocketed and theres now a massive shortage of gaming graphics cards. In addition to the CPUs agility, it also has the advantage of ubiquity. Bitcoin, cash, mining, fAQ, why, bitcoin, cash is attracting miners?
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Asics are custom built for a single hash algorithm. Because most regular personal computers are already optimized for input/output operations, it should be increasingly hard or expensive to create hardware that would speed up the mining process considerably. Bitcoin Cash uses the same SHA-256 protocol as the core Bitcoin network. Asic Resistance, some coins advertise forex 12 hour candle plus 4 hour candle themselves as asic resistant. Asic Mining, an asic is an application specific integrated circuit.