Industry Expert Blogs

Bitcoin has lost much of its allure due to the concentration of control of the world’s Bitcoin mining resources by a few players in a few locations, as discussed in Part 1 of this blog. In response, the larger, global cryptocurrency community has started to develop alternative cryptocurrencies based on lessons learned from the Bitcoin experience.

New cryptocurrencies such as Monero introduce ASIC-resistance and memory-hardness to prevent ASICs from being built that give some operators a competitive mining advantage over others who do not have access to the same technology. These new cryptocurrencies, therefore, offer a more level playing field to cryptocurrency miners and, at the same time, tip the balance back to FPGAs as an implementation technology for cryptocurrency mining algorithms.

Click here to read more ...