Ethereum asic resistant. The Olympic network gave users a bug bounty of 25,000 ether for stress-testing the Ethereum blockchain. By fostering a diverse mining ecosystem, ASIC-Resistance in Cryptocurrency not only enhances network security but also encourages innovation and investment in mining technology. Ethereum is the most popular and largest cryptocurrency with the most ASIC-resistant hashing algorithm called Ethash. Ethereum (ETH): Ethereum is a popular example of an ASIC-resistant blockchain. Ethereum (ETH): Ethereum one of the most popular examples of an ASIC-resistant blockchain. [1] The UK's Financial Conduct Authority estimated there were over 20,000 different cryptocurrencies by the start of 2023, although many of these were no longer traded and would never grow to a significant size. Vertcoin (VTC) – Regularly changes algorithms to stay ahead. Ethereum initially used a memory-intensive mining algorithm called Ethash, while Monero employs RandomX. The announcement has sparked an intense debate about ethereum's future. Here we've explained what are ASIC machines? What is ASIC resistance and the benefits of combating ASICs. Comprehensive analysis of blockchain consensus mechanisms in 2025, comparing Proof of Work vs Proof of Stake, security, performance, and future developments. Based on the above description, it’s clear that one goal of ASIC resistant puzzles is to lower the barrier to entry. Ethereum (ETH): Before switching to proof-of-stake in 2022, Ethereum relied on Ethash, which was designed to be ASIC-resistant (though eventually ASICs were developed for it). Gain insights and make informed decisions. Ethereum employs the Ethash Proof-of-Work (PoW) mining algorithm, which is designed to be ASIC-resistant, ensuring a more decentralized mining process. I've heard that Ethereum mining is ASIC resistant since it requires memory-hard hashing algorithms. Bitmain recently announced the development of ASIC miners for ethereum mining. Aug 18, 2025 · Explore ASIC-resistance algorithms, compare GPU and ASIC efficiencies, analyze case studies on Monero, Ravencoin, and Ethereum Classic, and discuss the future of blockchain security. This allowed miners to have 3GB GPUs to mine Ethereum Classic. How does ASIC Resistance Work? ASIC-resistant cryptocurrencies use mining algorithms designed to be inefficient or costly for ASICs to implement. I am biased but I firmly believe GPU friendly algorithms are better for decentralization and adoption. ASIC resistance isn’t just about tech. Since the creation of bitcoin in 2009, the number of new cryptocurrencies has expanded rapidly. This paper examines ProgPow’s claim to be Application Specific Integrated Circuit (ASIC) resistant. By design Ethereum is ASIC resistant to avoid mining centralisation and to createa more fair currency. Some popular ASIC-resistant algorithms include: Ethash (Ethereum’s former mining algorithm): Memory-intensive, favoring GPU mining over ASICs. PAR 2: The Ethereum White Paper declared that Ethereum was built to be "ASIC resistant", at least from the perspective of being resistant to economic incentives to produce ASICs. Explore the intricacies of Blockchain's Proof of Work (PoW), its pivotal role in transaction validation and network consensus, alongside a dive into its environmental impact and emerging alternatives. Ethereum Classic uses ASIC resistant algorithms to ensure that regular miners with standard computer hardware can still participate in the network without being outcompeted by those using expensive ASICs. If this wasn't a false narrative it needs to be upheld. The type of "work" miners have to do is contributing to scientific data crunching projects, so the work type is constantly changing (no point in making an ASIC) and many of those work types use a lot of memory. [2] Active and inactive currencies are listed in this article. Subsequent to Monero hard fork Ethereum may abandon PoW to send ASIC miners to the penalty bench. If you want to look into ASIC resistance, probably the most ASIC-resistant coin out there right now is Gridcoin. In theory, an ASIC-resistant cryptocurrency is more fairly distributed because it can be mined on regular consumer PCs. Several codenamed prototypes of Ethereum were developed over 18 months in 2014 and 2015 by the Ethereum Foundation as part of their proof-of-concept series. ASIC-Resistant is used in the mining process of certain cryptocurrencies, such as Ethereum and Monero. Mar 26, 2023 · Ethereum employs the Ethash Proof-of-Work (PoW) mining algorithm, which is designed to be ASIC-resistant, ensuring a more decentralized mining process. Ethereum (ETH): Ethereum was previously known for using the Ethash algorithm, which was a memory-hard But in the Thanos upgrade, the Ethereum Classic team updated the network with the Kecaak-256 algorithm, just like Ethereum. Selection of ASIC-resistant coins Ethereum (ETH) Booting ASICS off of Ethereum will cause mining profits on GPU friendly chains to increase across the board. Its algorithm allows you to use a GPU or CPU to enter the mining process. Its Ethash algorithm created a particular challenge for ASIC developers because of the algorithm’s specific memory requirements. The goal of “ASIC-resistance” is to resist the centralization of PoW mining power such that these coins couldn’t be so easily manipulated by a few players. There's no such thing as ASIC proof which is exactly why we are talking about Ethash (an already ASIC resistant algorithm) getting ASICs. After weeks of speculation, Bitmain has announced an ASIC for ethereum mining, spurring the developer community into action to try and block its use. An ASIC-resistant algorithm is a Proof-of-Work design that aims to keep mining accessible by minimizing the advantage of ASIC miners. Ethereum (ETH): Ethereum is a popular example of blockchain ASIC-resistant. Aug 26, 2025 · Ethereum (ETH): Before its shift to Proof of Stake, Ethereum utilized the Ethash algorithm, which was designed to be ASIC-resistant, thereby promoting broader hardware participation and ensuring a diverse mining ecosystem. If you optimized a chip for ethereum proof-of-work, you would get by definition a CPU - a chip optimized for general-purpose computation. The memory-intensive nature of Ethash makes it difficult for ASICs to gain a significant advantage over general-purpose hardware, such as GPUs. Gate and ASIC Resistant Projects At Gate, we support a wide variety of PoW-based and ASIC resistant cryptocurrencies through: Listings of GPU-mineable tokens This article walks through some of the best cryptocurrencies to mine in 2026, based on factors like hardware requirements and mining rewards per block. Another example is Ethereum Classic, which continues to support its ASIC-resistant model even after Ethereum transitioned to proof-of-stake. The Ethereum network is ASIC resistant because it uses the Keccak-256 hash functions, which refuse hashes from ASIC devices. By "ASIC proof" I mean it will not destroy GPU mining at some point. For example, one of the most popular cryptocurrencies Ethereum has the vision to keep ASIC-resistant until it shifts to the 2. Find out which coins are ASIC-resistant. So by design we don't need ASIC mining so it's a waste of effort to try building an ASIC miner. [5] "Olympic" was the last prototype and public beta pre-release. What Does ASIC Resistant Mean? ASIC resistance is a characteristic of a Proof-of-Work (PoW) mining algorithm designed to make it difficult or economically inefficient to build specialized ASIC hardware for mining that specific cryptocurrency. Ethereum core developers have decided to delay their decision regarding the implementation of ASIC-resistant protocol, ProgPoW. Ravencoin (RVN): Ravencoin employs the KawPow algorithm, which is particularly friendly to GPU miners. Ethereum favours GPUs for its mining process and rejects hashes from ASIC rigs. Ethereum core developers have reached a tentative consensus to implement a new proof-of-work algorithm that would increase the efficiency of GPU-based mining on the network. The algorithm is designed to produce hashes for mining purposes only and not serve any other computational function. Is BTC still the best crypto to mine in 2026? We explore the best PoW coins to mine as well as the most powerful mining rigs to use. | Ethereum Classic (ETC) | Etchash | GPU | Partially | Smart contracts platform | Note: ETC was formerly more ASIC resistant but has become partially vulnerable to ASICs over time. Kryptex Miner review covering Kryptex Pro, mining pools and Kryptex Cloud GPUs, fees, supported coins, expected earnings, security, and support. We do not mine Ethereum but all GPU mining profits trickle down from ETH. This feature is implemented in the mining algorithm of these cryptocurrencies and can be utilized by miners anywhere in the world. 0 version as well as changes to proof-of-stake. The reason Ethereum is ASIC-resistant is because the network utilizes the Keccak-256 hashing algorithm, which rejects hashes from ASIC machines. A crypto-coin with more algo-fluidity built into it's very design might therefore be effectively "ASIC proof" the way I'm defining it. Here comes the idea of ASIC resistance. I guess the question I'm asking here is what does it take for an altcoin to be ASIC-resistant? What does it need to have? However, with the rise of application-specific integrated circuit (ASIC) miners, a new debate has emerged in the cryptocurrency community – ASIC resistant coins. Monero's development team actively updates the algorithm to counter any attempts at creating ASICs tailored for its network, ensuring continued resistance. On 30 July 2015, "Frontier" marked the official launch of the Discover the differences between proof of stake vs proof of work in the world of cryptocurrency. For example, Ethereum (prior to its transition to proof-of-stake) and Monero are noteworthy. But it’s an ongoing battle. The method is meant to exclusively generate hashes for mining reasons and to do no other computational functions. Complete cryptocurrency mining guide 2025: what is crypto mining, how mining works, mining profitability, hardware requirements, mining pools, solo vs pool mining, best coins to mine, and environmental impact. Ethereum (ETH) – Used to be ASIC-resistant… until it moved to proof-of-stake in 2022. Monomer (XMR): Monero is another cryptocurrency designed to be ASIC resistant. It implements Ethash (the pow algorithm for ethereum) which needs lot of memory unavailable for ASIC chips. A short explanation of the Hardware Requirements for Mining Ethereum Classic, covering ETHash vs ETCHash, SHA3, GPUs, and ASICs. PAR 3: Bitmain being allowed to mine using ASICs on the network would cause increased centralization in Ethereum. The reason why Ethereum is ASIC resistant is because the network utilizes the Keccak-256 hashing algorithm, which rejects hashes from ASIC machines. The process of making and keeping a cryptocurrency ASIC resistant requires continuous development and constant modifications since ASIC designers and manufacturers are constantly producing new models of ASIC miners that are often able to invalidate the ASIC-resistance status of mining algorithms. The Programmatic Proof of Work (ProgPoW) algorithm is intended as a possible solution to this problem for the Ethereum cryptocurrency. However, why can't miners buy large DRAM and devote the memory to ASIC mining? New to crypto mining and don't know what it means when a coin specifies ASIC resistant. It’s a way to fight back against mining monopolies and keep crypto closer to its decentralized roots. Gate and ASIC Resistant Projects At Gate, we support a wide variety of PoW-based and ASIC resistant cryptocurrencies through: Listings of GPU-mineable tokens ETC in a Post-ASIC resistant world For brevity in this article I use the term “Ethereum”, however this applies to all systems based on the “preDao Ethereum Prime” that spawned ETH, ETC, EXP … Monero (XMR): Monero is a well-known privacy-focused cryptocurrency that uses the CryptoNight algorithm, designed to be ASIC-resistant. As a result, many proof-of-work blockchains that once claimed to be ASIC-resistant have since been overtaken by ASICs, leading to concerns about centralization and control by a few large mining operations. Ethereum core developers are moving forward with ProgPoW, an update for making mining on the blockchain more ASIC resistant. Delve into a comprehensive understanding of PoW and the evolving blockchain consensus mechanisms. ASIC-Resistant meaning: ASIC-Resistant - a term used to describe digital currencies that are less susceptible to ASIC mining. Redirecting For sure, I really mean that ASIC resistance has been something in the whitepaper since day 1 afaik, so it's consistent to believe that it's a fundamental value we all share as Ethereum supporters - for pretty okay technical reasons too ASIC-Resistant in Popular Cryptocurrencies Ways that cryptocurrencies embody ASIC-Resistant features vary. If an ASIC was optimized to execute only one type of script, pushing a new script to the Ethereum blockchain would "poison" that ASIC, defeating its advantage. Reply lostboynimit • ASIC resistant boils down to if allowing specialized hardware to have an intrinsic advantage when participating (mining) for a network. . Monero is another ASIC-resistant cryptocurrency. Ethereum core developers once again discussed the proposed ASIC-resistant PoW algorithm ProgPoW, reaching an overall consensus on its implementation. What are the mainstream ASIC-resistant coins and their characteristics? Popular ASIC-resistant coins include Monero (XMR) with privacy focus, Ethereum Classic (ETC) using Ethash algorithm, Zcash (ZEC) for anonymity, Grin emphasizing privacy, and Beam combining confidentiality with scalability. You can't. Ever since the first bitcoin mining ASIC was released, many new Proof of Work algorithms have been created with the intention of being “ASIC-resistant”. The first Ethereum ASIC's took years to produce, but over time grew to comprise 50% of the hash rate of the network. The Ethereum mining algorithm was designed to be ASIC-resistant to lower the entry barrier for individual miners and encourage the formation of effective mining pool communities, effectively decentralizing the network. Ethereum (ETH) Ethereum is ASIC resistant because the network uses the Keccak-256 hashing algorithm that rejects hashes from ASIC machines. ETH is "ASIC resistant" but now GPU mining has been ruined. Examples of ASIC-resistant coins There are several ASIC-resistant coins in the market, including Ethereum, Monero, Ravencoin, Vertcoin, etc. ASIC-resistant coins have unique mining algorithms and protocols, making miners less incentivized to mine the specific coin. May 25, 2024 · A Brief History Of ASIC Resistance Before transitioning to Proof-of-Stake (PoS), Ethereum was the most popular ASIC-resistant blockchain network. xfe3, wptfx5, uqst, j2uh7, b8884, ebgq8j, xt9gm, vyhhe, 1usv, zbbx,