What is the Deal with ASIC?

While we talk about algorithm changes, I wanted to give some detail to TurtleCoin users about what’s happening now, what’s coming soon, and what that means for everyone involved.

ASIC miners have hit the market, and various manufacturers are publicly offering a selection of Cryptonight and Cryptolight miners, purpose-built to efficiently and quickly mine coins on networks like ours. As soon as we heard the news, we issued a statement in a TurtleCoin Meta Forum post that talked about the importance of fairness for miners on the TurtleCoin Network. Continue Reading →