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RE: Bounty for Implementation of Equihash [$500 Steem Dollars]
This is super cool. I have built and tested the zcash miner and all the stats I have seen suggest that it is memory channel bound, meaning sufficiently fast, low power devices can mine, and someone pointed out that if it is achieved, the production cost is primarily energy, and the amount of competitors in the lottery can scale much faster with existing hardware supply already here and not stuck in delays for making custom silicon.
I remember reading about zcash back before Snowden tweeted about it. I think their primary goal was to make mining of the currency available to anyone, even your smartphones mining it while charging at night. (ps! don't try this with a note 7)
That's what got me hooked instantly and curious about zcash. :)
I think zcash needs at least 2gb. But most New phones are now coming with this amount of memory. The thing that is exciting for me is that the supply of miners will be more rapidly adapting to demand and as this kind of algorithm is adopted by more, you will be able to change what you are mining more easily.
sweeet :)
Equihash is a memory-oriented Proof-of-Work like other crypto algos. I'm still a big fan of Scrypt and Litebars...oh those old hashing days eh. I'm currently mining every 3rd block for Litebars at the moment! GO LTB! GO @MINDHUNTER