RATE Group | New Ethereum ASIC Fuels Discord Among Ethereum Community
63269
wp-singular,post-template-default,single,single-post,postid-63269,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

New Ethereum ASIC Fuels Discord Among Ethereum Community

26 Sep New Ethereum ASIC Fuels Discord Among Ethereum Community

Posted at 13:12h in Ethereum News by

[ad_1]

Canaan has launched its ambitious product series on September 26 at the New Era Mining Summit in China. This amazing product is called Ethereum ASIC or Ethash ASIC.

It is claimed to be much more powerful than the existing Graphics Processing Unit (GPU) with tremendous capacity and efficiency. As per Canaan, it is five times more competent than their current counterparts. However, a growing discontent has been observed among the miners about this newly launched application-specific integrated circuit (ASIC) designed especially for Ethereum transactions.

What’s so special about Ethash ASIC?

The Ethash ASIC’ series came under limelight since last year. The Company has been publicizing about this series right from February 2018. Its first batch in April 2018 has been sold out instantly despite many limits and restrictions imposed on shipping in China and Taiwan.

Ethereum community oppose

However, the Ethereum community has been resisting this giant product for certain reasons:

  • Some of…

[ad_2]

Source link