Monero: Could a Hard Fork Lead to Unprofitable Mining?

Monero: Could a Hard Fork Lead to Unprofitable Mining?

Once again it seems that Monero has split through means of a hard fork to keep the ASIC miners off their back, who take over the network after a time and are seemingly disliked by the community surrounding Monero. Monero would prefer to be a CPU, at most a GPU coin, which is mined by the people who use it.

In discussing Monero’s moves, Binance released a new report over the weekend.

The crypto exchange noted that there was some backlash related to permanently kicking ASIC miners off the network.