Saturday, 5 May 2012
GPU Resistance Coins
As stated in an earlier post, the growing difficulty of Bitcoin forces the use of GPUs. A group of enterprising and innovative Bitcoin adopters decided to do something different. That is to build a coin that is only suitable for CPUs but no GPUs. I am trying to find out if SolidCoin2 is the first or Tenebrix. But at this moment it seems that Tenebrix is the first GPU resistant Bitcoin. It was announced on September 26, 2011, 12:09:44 AM. They are using scrypt which is friendly to CPU and not to GPU. This has one major advantage, miners can use their spare CPU cycles instead of investing in GPUs. But the appearance of Tenebrix leads to an interest in CPU only coins and also more innovations ahead!