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RE: 🔎 The Difference between Monero and MoneroV

in #monero6 years ago (edited)

MoneroV will mitigate this unethical way of mining by adjusting the Cryptonight algorithm so browser mining wouldn't be effective anymore.

If this can be done right, killing CoinHive and the other 'malware for hire' sites would be a huge plus. If you can propose better action than XMR's fork-every-6-months approach; which is working fine considering the recent Monero Difficulty Watch.

Difficulty has fallen consistently since the XMV snapshot and it was noted that many were hoarding XMR prior to the airdrop. Nothing against XMV, I'm truly intrigued but it's hard to deny Monero XMR is at it's lowest Difficulty since November 2017.

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*Re-steemed

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Hi @donald.porter thanks for your comment, difficulty is down on almost all coins because mining is less profitable at the moment due to the price decrease in bitcoin and other altcoins, that's completely normal, as soon as the price catches up again, difficulty will increase, you will see 🙂

That can't be said for BCN, XDN, AEON, XMO and a few other CryptoNote coins being mined with ASICs or botnets since the PoW7 fork.

Difficulty spiked for all of them since. Literally through the roof.

The more logical reasoning is that the Anti-ASIC/botnet fork worked; check the pools, those bots and ASICs are still mining something... just not XMR . 🕵️

Also, consider your point in regards to XMV. The miners you sort after must come from somewhere,, and I'd bet most will be from XMR. If XMV or any of the other clones are successful; that will keep XMR difficulty down as well.

Cheers