Re:Canada 'sleepwalking' into cashless society, consumer adv...
by vhcr on Sunday June 30, 2024 @02:23PM
(#40838929)
Just to be nit-picky, but Monero can be mined with GPUs.
Re:Canada 'sleepwalking' into cashless society, consumer adv...
by tonetegeatinst on Sunday June 30, 2024 @02:39PM
(#40839094)
I know, but it has adopted changes so it's more efficient to use a CPU to mine.
Not saying GPU mining is dead, but its at least resistant to it.
That said XMR isn't stable like the USD is, but it also didn't have infinite printability as once market cap is reached then only tail emmisions are rewarded for mining....iirc that a set value of 20.
XMR is the best for privacy, is resistant to asic mining and GPU mining, and is a time proven crypto. That said if your just using it so you can gain money from price fluctuations and not because of the fiction the coin provides then your never going to realise it's true value.