MemoryCoin Exclusive Interview - The Random Coin of the Day

MemoryCoin Exclusive Interview - The Random Coin of the Day

MemoryCoin was selected as today's Random Coin of the Day for their unique ability to make it infeasible to mine their coin on ASIC devices. To a lesser extent, GPUs are also infeasible to mine on as the amount of memory required to calculate just one hash is 1GB. From the MemoryCoin.org website: The Proof of Work is a modified Momentum-based algorithm. It has a small SHA512 component, and a large AES component - chips with AES-NI instruction sets will fare *much* better. Each hash requires 1GB of Memory to perform and encrypts 50GB of data. By contrast, the verification only requires 128K....


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