Bitcoin Core To Remove Patented AsicBoost Advantage Soon

An interesting statement was posted on Twitter by Olivier Janssens, as he explained an upcoming change in the Bitcoin Core client software. A patented optimization for ASIC mining – called AsicBoost – will be made obsolete in the next client update. That news did not go over well with a lot of members for sure.

Bitcoin Core Developers Dislike AsicBoost

This news is part of a substantial debate on Reddit for the past few days, as the AsicBoost optimization lets Bitcoin miners save roughly 10% on electricity usage and costs. Given the right rates of electricity costs in most parts of the world, a 10% different can make mining more profitable for some users, adding to the decentralisation of this concept.

At the same time, this announcement begs the question as to why Bitcoin Core developers want to remove such a feature, as that seems to have an adverse effect. There are some questions asked on Reddit as to why

Read more ... source: TheBitcoinNews

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