Around the 40 minute mark on the Security Panel at Bitcoin 2013 (video starts at 40 mins), Dan Kaminsky predicts that the current proof-of-work function isn’t going to be used by the end of the year — he assigns 0% probability it’s going to be used. A move away from ASICs, and back to mining with CPUs!

CPUs at the ready…

Dan Kaminsky on Security at Bitcoin 2013
Note: Credits going to the original author and previous owner for writing this content. I wanted to pull this one up to pay tribute to the old website

R.I.P Dan. Your contribution will live forever!