ASICs make Ethereum extraction more decentralized By FX Street

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  • Wu said some people involved in the ProgPow proposal reported directly to the NVIDIA CEO (NASDAQ :).
  • Wu also argued that ASIC miners are better able to secure a blockchain network than GPU hardware.

Jihan Wu, co-founder of the crypto-extraction giant Bitmain, believes that the ASIC miners will create more decentralized blockchain networks. Speaking during a speech on Wednesday at a blockchain event in Chongqing, China, Mr Wu expressed doubts about upgrading Ethereum, ProgPow. Upgrading ProogPOW or Progressive (NYSE 🙂 work proof will give more importance to GPU extraction than to ASIC extraction. Wu said:

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