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TEE & randomX POW
(monero.town)
This is the lemmy community of Monero (XMR), a secure, private, untraceable currency that is open-source and freely available to all.
Wallets
Android (Cake Wallet) / (Monero.com)
iOS (Cake Wallet) / (Monero.com)
Instance tags for discoverability:
Monero, XMR, crypto, cryptocurrency
The newly announced "ASIC" is neither an ASIC nor more efficient then modern ryzen processors, making the news a nothingburger. If anything it is impressive that even with semi-custom chips they can't outperform regular CPUs, and a testament that RandomX works as intended.
Thanks for bringing this statement, but it's not nothing if they find buyers for their old miners. They have been mining two years with it and at the beginning time they did better than usual CPU's on the market. In my opinion they should be discouraged to do further mining hardware attempts by making the power of their devices noncompetitive.