RATE Group | Ethereum Developers Wants ASIC Mining Hardware Removed from the Ethereum platform
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Ethereum Developers Wants ASIC Mining Hardware Removed from the Ethereum platform

30 Sep Ethereum Developers Wants ASIC Mining Hardware Removed from the Ethereum platform

Posted at 05:52h in Ethereum News by

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Ethereum Developers Wants ASIC Mining Hardware Removed from the Ethereum platform

Martin Holst Swende who joined the nonprofit Ethereum Foundation in 2016 as the lead security to ensure that any code change within the second largest blockchain platform for the development of decentralized applications do not halt operations in the blockchain had voiced his opinion against the use of ASIC miners in Ethereum mine.

In a meeting of developers that was held on Friday, Martin Swende said this is necessary since powerful ASIC miners had made some miners to make a huge gain of ether, in the ethereum blockchain.

It could be remembered in April this year when the issue of ASIC miners for Ethereum came up for debate, Ethereum founder, Vitalik Buterin made a Twitter poll for those that are for and against it.

The reason why some of the major Ethereum developers are against the use of ASIC chips for Ethereum mining is that it discourages other miners from participation, since they feel that there mining equipment can’t compete favorably with users of ASIC miners. More…

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