No major cryptocurrency has used GPUs for mining for many years. Bitcoin uses completely custom ASICs and Ethereum switched away from proof of work entirely.
No major cryptocurrency has used GPUs for mining for many years. Bitcoin uses completely custom ASICs and Ethereum switched away from proof of work entirely.
iloveDigit@piefed.social 3 weeks ago
Incorrect. Monero and others still use GPU based mining
FaceDeer@fedia.io 3 weeks ago
I said no major cryptocurrency. Monero's got a market cap of $8 billion, it's small fry.
iloveDigit@piefed.social 3 weeks ago
Incorrect again. You mentioned Ethereum which nobody cares about, you can’t call Monero “not major” after that. The only cryptocurrencies that matter are Bitcoin, doggie coin, and Monero
FaceDeer@fedia.io 3 weeks ago
Ethereum's got a market cap of $350 billion and it's where all the new development is going on, according to the Electric Capital Developer it has by far the most developers working on and with it. Approximately 65% of all new code written in the entire crypto industry is written for Ethereum or its Layer 2 scaling solutions (like Arbitrum, Optimism, and Base).
It's spelled "Dogecoin," by the way.