Monero Devs Experience Follow Through On Threats To upgrade Algorithm In Maintenance of ASIC Resistance

This Is By Introduction Of ASIC powered Antminer X3

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Bitmain made an announcement earlier this month of their new ASIC powered Antminer X3 which was specifically designed to mine Monero. Additionally, this would be used in the mining of other cryptocurrencies based on the crypto Night algorithm. Therefore, the developers of altcoin have announced an update which aims at the prevention of a new device from being effective. This is according to the Monero core developer Riccardo Spagni’s GitHub post on March 24.

Therefore, the new update on Monero is called Luna and has been scheduled to be done in April. Therefore, it “slightly changes the proof-of-work algorithm to prevent DoS attacks by ASICs.”

However, as Spagni said on Twitter, upon addition of the Antminer X3 to the Bitmain’s website, the device was not working and could not work effectively for Monero. Therefore, the privacy-centered, ASIC resistant cryptocurrency made remarks that they would counter any of the crypto miners who made threats to their ASIC resistance by changing their POW (Proof of Work).  This is according to their blog post in February.

The original twitter post by Spagni on March 15 has various comments one being of the developer. The developer wrote on the 18th march than any of the flaws of updates are usually made up by the prevention of the effectiveness of the Antminer X3.

Twitter Post

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