The price of Ethereum has fallen to $389 today down 72% from its all time high of $1432 after rumors that an Application Specific Integrated aka ASIC Miner has been developed by Bitmain one of the largest manufacturers of crypto currency hardware worldwide.
What are ASIC miners? How do they compare to GPU miners? How can ASIC mining affect the price of a coin? And why are some crypto communities so adamant about keeping their blockchains ASIC resistant?
Please share your thoughts in the comments section below.
Why We Use GPU vs ASIC https://www.trymining.com/pages/asic-vs-gpu
Ethereum falls after rumors of a powerful mining chip surface https://techcrunch.com/2018/03/27/ethereum-has-the-asic-blues/
Ethereum Users Support Hard Fork to ‘Brick’ Ethereum ASIC Miners: Poll https://www.ccn.com/ethereum-users-support-hard-fork-to-brick-ethereum-asic-miners-poll/
Going to War: Monero Sticks to Anti-ASIC Guns with Emergency Software Update https://www.ccn.com/monero-sticks-to-anti-asic-guns-with-emergency-software-update/
ASIC Mining Hardware
https://www.bitmain.com/
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