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"ASIC-resistance" is the one of the biggest lies that gets tossed around in this industry. Truth is, the majority of proactive measures to keep ASICs out *do not work.*
Instead, they further centralize mining around very few manufacturers that quietly developed a workaround.
Instead, they further centralize mining around very few manufacturers that quietly developed a workaround.
I've been tracking Monero's hashrate distribution for some time. My guess is that a Cryptonight ASIC was deployed around November '18.
Notice the difference in hashrate distribution under "Unknown" only in the past two months, it doubled:
Notice the difference in hashrate distribution under "Unknown" only in the past two months, it doubled:
What this probably means is that someone figured out how to create an ASIC that is flexible enough to endure the changes in CryptoNight's core parameters every 6 months. To be frank, this was a very naive ASIC-resistance strategy to begin with.
