What is the impact of RandomX on Monero mining?

3 answers

• Bhuwan SharmaAug 29, 2020 · 5 years ago
  RandomX has had a significant impact on Monero mining. It is a new mining algorithm that was implemented to make mining more egalitarian and resistant to ASICs. With RandomX, CPU mining has become more profitable, as it levels the playing field for miners. This has led to an increase in the number of miners participating in Monero mining, resulting in a more decentralized network. Additionally, RandomX has made it more difficult for ASIC manufacturers to develop specialized mining hardware, which further enhances the decentralization of the network.
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• RobinNov 21, 2023 · 2 years ago
  The impact of RandomX on Monero mining has been quite significant. It has shifted the mining landscape by making CPU mining more profitable and accessible. This has attracted a larger number of individual miners to participate in Monero mining, as they can now use their regular computer CPUs to mine Monero. The increased participation has led to a more decentralized network, as the power is distributed among a larger number of miners. RandomX has also made it more difficult for ASICs to dominate the mining process, as the algorithm is specifically designed to be resistant to ASIC mining.
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• Komal RibadiyaSep 06, 2022 · 3 years ago
  RandomX has revolutionized Monero mining by introducing a new mining algorithm that prioritizes CPU mining. This has made it more accessible for individual miners, as they can now mine Monero using their regular computer CPUs. The shift to CPU mining has led to a more decentralized network, as it encourages a larger number of miners to participate. RandomX has also made it more difficult for ASIC manufacturers to develop specialized mining hardware, as the algorithm is designed to be resistant to ASIC mining. Overall, RandomX has had a positive impact on Monero mining, making it more inclusive and decentralized.
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