Cryptocurrency Q&A
Are CPU coins mineable?
Are CPU coins mineable?
Daniele
Thu Aug 29 2024
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7 answers
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Are CPU coins indeed mineable, or is this a myth perpetuated by the digital currency community? I've heard mixed opinions on the matter, with some arguing that CPUs are obsolete for mining purposes in comparison to GPUs and ASICs. Yet, there are still those who claim success in mining CPU-friendly coins. So, I must ask, are CPU coins still a viable option for miners looking to enter the cryptocurrency market, or have they been left behind in the race for hashing power?
7 answers
CryptoEmpire
Sat Aug 31 2024
One such transformation was the rise of ASICs (Application-Specific Integrated Circuits) in mining, which greatly impacted the mining landscape.
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KatanaBlade
Sat Aug 31 2024
Prior to the advent of ASICs, CPU coins such as Monero (XMR), Bytecoin (BCN), and AEON relied heavily on the CryptoNight algorithm for mining.
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Ilaria
Sat Aug 31 2024
However, with the development of ASIC miners specifically designed for CryptoNight, these coins became increasingly difficult to mine with CPUs.
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KatieAnderson
Sat Aug 31 2024
Today, these algorithms are no longer effectively mineable with CPUs, as ASIC miners dominate the mining process.
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EchoChaser
Sat Aug 31 2024
Cryptocurrency mining has undergone significant transformations over the years, with the introduction of new technologies and algorithms.
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