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fluffyponyyesterday at 8:09 PM1 replyview on HN

Hmmm. That's not the reason we changed it. We just got tired of tweaking things to prevent ASICs.

I'll add that there was such a large influx of miners at the outset, that (statistically) it seems any crippling of the original algorithm was fairly futile - the edge was both short-lived and minimally impactful. We're over a decade later, and nobody mining in the first month (even with that unfair advantage) was able to gain any meaningful percentage of Monero's emission.

I'll add that RandomX has proven that it is indeed possible to create a GPU and ASIC-resistant PoW algorithm. I'd encourage you to dig in further - the closest to an "ASIC" is a multi-CPU miner (Bitmain X9) with a bunch of RISC-V CPUs in it.


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dgacmuyesterday at 8:24 PM

Sorry, I was not quite saying my fun was the reason, but that the failure to create something GPU/ASIC resilient was the more general underlying cause.

But be careful about "proven" in that last sentence - the absence of a solution isn't exactly proof, it's more of a proof that _either_ it is possible to create an ASIC-resistant algo _or_ it has not been worthwhile to ASIC-ify it given the economics of mining XMR and the research & NRE required to do so. I haven't the foggiest which of those two it is, mind you, just that there are a few remaining valid explanations.

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