Anonymous insider under the nickname Ikmyeong Na claims that the company will get more benefits from potential integration algorithm ProgPoW in mining altcoins. According to him, it's not meant to be played ProgPoW, but Nvidia will really be able to bring more profit to the new algorithm.
theProgrammers IfDefElse didn't want to put the GPU one company above all the market.
In fact, Nvidia is just too good to ProgPoW. That's all. If AMD release a graphics cards with better memory usage, they will surpass the Nvidia GPU at Hasrat. We do not optimize their algorithms for a specific video card, however, the manufacturers can optimize their devices in order to increase sales among the miners.
In Other words, Nvidia has been a step forward due to pure chance. Manual AMD can still fix the situation, with the requisite effort to maintain competition in this field. However, while main rival Nvidia prefers to stay aside and just observe the situation.
But the enthusiasm of manufacturers Asimov plummeted after the popularity of ProgPoW. Representatives of the Chinese company Linzhi believe that this strategy is «arbitrary application of rules» against large corporations. Their view is supported by independent developer of Ethereum Alex Akhunov, which about the negative effects of the ban ASIC mining on the economic model of Ethereum.
In a perfect world, all cryptocurrencies would work on Proof-of-Stake, where the nodes of the network do not need to do «arms race» and invent new machines for mining. However, for each algorithm, you can create asik, it's only a matter of time.
Source: Trust Nodes
What ProgPoW in the next few years? Most likely, the algorithm will be hearing for a long time. At least as long as the Ethereum will not be able to completely switch to PoS. More about hashing can be found in our .
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