The crypto community is bracing for a real revolution - leading cryptocurrencies may abandon the Proof-of-Work (PoW) algorithm. The reason is the far-reaching game of mining giant Bitmain, which is building up its monopoly on the market by stamping out new ASICs for top coins. This concerns not only the users who prefer traditional GPU farms, but also the developers themselves, as the ecosystem becomes increasingly centralized and vulnerable to attacks.
It seems that the line production of short life ASICs for new coins has turned into an arms race between Bitmain and less-rapid rivals. Everyone wants to bite off the last piece from the PoW algorithm, promising a quick payback and leaving no chance to traditional GPU farms. The first Antminers are sold out before the start of sales, and users seem to receive the promised profit. If it were not for one thing - ASICs are quickly becoming unprofitable, and growing hash rates lead to Blockchain centralization.
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