WTF is Cuckoo Cycle PoW algorithm that attract projects like Cortex and Grin?
WTF is Cuckoo Cycle PoW algorithm that attract projects like Grin and Cortex?In 2017, the #cryptocurrency rage reached to the highest point when Bitcoin surged to USD19,783, many speculators and miners started to invest an enormous amount of money into #mining hardware and chips hoping to get on the craze. Cryptocurrency mining was originally designed to be doable with general-purpose computers. Yet with the increase in competition to the limited resources, miners have been seeking an effective way to improve their chances.Application-specific integrated circuit chips, known as ASIC, has taken over the mining market since. ASIC are chips that are designed with a singular purpose. For cryptocurrency mining, these chips are built into specifically designed motherboards and power supplies to (...)