Grin launches new mining algorithm, to be launched on testnet as early as December 19

Grin launches new mining algorithm, to be launched on testnet as early as December 19

The anonymous coin project Grin announced at its conference GrinCon1 that it will launch the latest generation of Cuckaroom, a proof-of-work algorithm family Cuckoo, to further advance the process of converting GPU mining to dedicated ASIC mining equipment, and plans to activate the algorithm on the test network Floonet around December 19. According to previous reports, the anonymous coin project Grin announced its draft plan for version 3.0, and it is expected to carry out the second hard fork upgrade at block height 524160, which is around January 15, 2020.

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