Is CryptoNight a good algo for CPU mining?
As a cryptocurrency enthusiast, I'm often on the lookout for the most efficient mining algorithms for CPU mining. CryptoNight has been gaining some traction in the mining community, but I'm curious to know if it's truly a good choice. Could you elaborate on its efficiency, power consumption, and potential for profitability compared to other algorithms? Also, how does it handle ASIC resistance and ensure a more equitable distribution of mining rewards? Understanding these factors is crucial for making an informed decision about whether CryptoNight is the right algo for my CPU mining setup.