How would you even know if it's running?
The morse code on an LED
What does it say about condensed water vapor?
It varies. Sometimes it says beware. Other times it says that people prefer wine.
Farming today is nothing like farming was in the 1980's. I left the farm in 1983
That's about the time my university got its first microcomputer lab. The lab was put together by the agriculture department. Mostly Apple
I was a CS major but I helped them set up the lab so they let me use it.
Personally, I prefer to pull my plow by a team of Rottweilers, like some redneck ancient Roman farmer.
Roman farmers would have used oxen, horses and mules just like US farmers of the 1800s. The dogs were for security and hunting, and of course doubled as family pets, just like today.
What's the advantage in being ASIC-proof?/quote>
The realistic answer is that GPU miners are angry that they have been driven out and want a new place to mine.
The theoretical answer is that ASIC based mining tends to be done on an industrial scale, more medium to larger scale ASiC farms controlled by a small number of groups, less individuals using their computer's idle time and hobbyists with small farms. Many argue that a coin is healthier and safer when its blockchain, which is generated by mining, is created by a large number of decentralized individuals and hobbyists rather than a small number of groups most likely interested in commercial mining and/or speculation.
At least that's how it was until very recently. Powerful ASICs designed for hobbyists are now available, so hopefully we will see a little more decentralization among ASIC users. The hobbyists who would a year ago build a headless mining rig with a PC motherboard and three or four video cards will probably just buy an ASIC today.
ASIC proof could also mean: it not is profitable to create an ASIC to compete with the large factories building GPUs.
Some BTC ASICs are using a 28nm process. I think they are able to buy some time at real fabs.
I have heard so much about the so-called "ASIC-resistant" alt-coins but have yet to meet one yet Can you kindly tell us which alt-coin(s) is/are truly ASIC-resistant ?? Thanks !!
Note my use of "were theoretically". The scrypt algorithm, which many current alt-coins are based on was chosen back in the day because the coin dev teams thought it ASIC resistant. However it was only theoretically resistant and that did not match reality. As I indicated before, it was designed to do things that the sha256 based ASICs (Bitcoin) could not, however when alt-coins became profitable enough ASICs were designed for scrypt.
This cycle will repeat. Even if some algorithm were found that uses every bit of a GPU's computational power an ASIC would be developed that had only the computational circuits, ditched the graphics output circuits, packed those circuits in a custom chip, packaged them in a unit by the hundreds with a controller and cooling and only needed a low power devices like a raspberry pi to control dozens of such units. The preceding would beat a PC motherboard hosting as many video cards as can fit.
There is another huge value in accepting bitcoins. You don't have to worry about charge-backs.
Unless the blockchain forks again. Admittedly that would only occur in drastic circumstances and those effected confined to a very narrow time window. However the risk is not zero, but it is very very low. In 2013 a coding bug in the BTC mining software -- this is where the blockchain, the public ledger we all use, comes from -- necessitating a fork. Assuming no disappearing payments, no double spends, would require no future coding bugs by the BTC dev team.
Dynamically binding, you realize the magic. Statically binding, you see only the hierarchy.