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Knowledge Protocol. Daily curated links from the space of blockchain, bitcoin, tokens, cryptocurrencies and protocols. No news, no bullshit, deep knowledge only.

Mining

Links to the best articles, videos and podcasts about Crypto Mining.

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ASIC Resistance is Nothing but a Blockchain Buzzword

"In the wake of the recent and most (in)significant push to change Bitcoin’s Proof-of-Work, I thought it would be a good opportunity to score some more brownie points from the community by laying it to rest. I’m going to discuss the more broader topic of hardware specialization (“ASIC Resistance”), the technical and logical flaws in trying to resist specialized hardware, some history around this, and then I’ll touch on what I hope to be a short lived (and fishy) motion for a Proof-of-Work algorithm change that nobody wants besides two and a half people"

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The Mining Delusion

The article is worth reading for its history of Proof of Work part.

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RE: Cost of Mining Misconceptions

The article debunks some of the exaggerated claims about energy consumption and climate impact of the Bitcoin mining.

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The State of Cryptocurrency Mining

The lengthy and really deep analysis of the state of cryptocurrency mining. David Vorick dissects ASIC resistance, secret ASIC mining, mining farms and the economics of mining in contexts of hardware.

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Keepers — Workers that Maintain Blockchain Networks

The article explains the value of the different utility players in distributed networks that maintain stability and perform crucial jobs in the crypto-economic model.

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