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Monero (XMR) Rises Ahead of Scheduled Proof-of-Work Shift

Published 10/17/2019, 06:22 AM
Updated 10/17/2019, 07:41 AM
 Monero (XMR) Rises Ahead of Scheduled Proof-of-Work Shift

Monero (XMR) is starting to get more active, as the market price rose more than 7% on Thursday, to $57.57. XMR got a boost from the potential to be accepted on exchanges as an optionally-anonymous coin. But the biggest boost was from the hype surrounding a total shift on the network.

“Monero (XMR) will be once more changing its PoW algorithm for mining in an effort to attract regular miners CPU/GPU miners and drive away FPGA/ASIC miners. Testing on the private RandomX testnet has concluded successfully and RandomX PoW mining will move to public testing on the XMR official testnet,” the team announced recently.

This article appeared first on Cryptovest

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