Home Ethereum News Critics say these units may damage Ethereum and weaken religion in cryptocurrency altogether

Critics say these units may damage Ethereum and weaken religion in cryptocurrency altogether

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Up to now, the machine of option to mine the ethereum cryptocurrency has been the standard laptop graphics card. 

That might quickly change when specialised units generally often called “ASICs” are launched later this yr, that are way more environment friendly at mining cryptocurrencies than graphics playing cards.

Builders behind the ethereum cryptocurrency are apprehensive concerning the introduction of ASIC units, based on a story on Bloomberg. ASICs “may have a destructive affect on the Ethereum group and subsequently on Ethereum value,” mentioned Sam Physician, a managing director at Fundstrat International Advisors who spoke with Bloomberg. 

Try what ASICs are, and why ethereum builders are involved: 

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