Binance: Monero Household Mining Unprofitable, Vulnerable to 51% Attack Post-Hard Fork

By CCN: Monero recently hard-forked once again to stave off ASIC miners, who take over the network after a time and are disliked by the Monero community. Monero would prefer to be a CPU and at-most GPU coin, which is mined by the people who use it. Binance discusses Monero’s moves in a new report released over the weekend. Binance noted that there were some negative consequences associated with permanently kicking ASIC miners off the network. Decreased Monero Hashrate Worries Binance For o