Bitcoin mining efficiency and Botnets

[eugen@leitl.org (Eugen Leitl)]

On Tue, Oct 15, 2013 at 01:25:21PM +0100, Cathal Garvey wrote:

> So yea, Litecoin's nearly there. Maybe we can make a CPU-hash, maybe

Make something requiring huge LUTs, and in-memory access. 
That is not ASICable or FPGAble.

> not. But at least we can make a hash that either guarantees GPU-only
> for a few years, or one that's hardcoded to match Moore's Law so it'll
> always stay ahead of the curve (bearing in mind Bunnie's plausible
> suggestion that Moore's Law is levelling off:
> http://www.bunniestudios.com/blog/?p=1863 )

Doubling rate is now 3 years by end of this year instead
of 18 months, according to AMD. 

Moore is dead, long live Moore (in 3d volume integration
of molecular components, coming in a couple decades).