Revolution in mining is coming up. Most likely, users will switch from their previous unbeaten ASIC devices to FPGA, but GPU will be used only for games and neural networks. Will we witness such a transition this year?
Unlike ASIC, FPGA-based mining installations can be reconfigured for other tasks. In mining it works like this: if the network algorithm changes or there is a need to switch to a more profitable blockchain, FPGA adapts to them.
CryptoEvent RIW took place in Moscow from 21 to 23 of November. Therefore, immediately after the Blockchain Conference, we went straight to the Exhibition of Economic Achievements, at Pavilion 75B, to present our product and interact with industry leaders.
The current one was slightly different - discussions went beyond the scope of usual cryptocurrency, blockchain and ICO related matters.
During the event, modern mining prospects, as well as known problems were discussed. We familiarized ourselves with the experience of foreign miners and legal conflicts regarding legislation in Russian Federation/CIS.
The conference program involved the issues of crypto business legalization, law-making aspects, cryptocurrencies development and ICO holding prospects.