During a podcast, Riccardo Spagni spoke about Monero’s upcoming plans with Ledger and some of his thoughts on ASIC sales prior to the cryptocurrency’s fork changing the proof of work algorithm.
During the Doug Polk Podcast on Monday, Riccardo Spagni—Monero’s project lead—announced that the cryptocurrency is looking to support Ledger’s hardware wallet.
“We are on Ledger already if you’ve got the dev kit. I saw some commits happening today to fix a couple of small issues. I’d hope that probably alongside the Monero 0.12.1 release, there will be official Ledger support,” he said.
Monero is currently at version 0.12.0.0, a hard fork that was made at the end of March primarily to make the network ASIC-resistant.
This happened barely two weeks after Bitmain announced the Antminer X3, a new miner that was developed specifically for Monero.
Spagni’s comments during the podcast don’t appear to have affected Monero’s price, experiencing a slightly modest bump before falling later in the day as trading resumed into Tuesday.
Interestingly enough, earlier in the podcast, he claimed that Bitmain’s announcement of the Antminer X3 came as soon as the company realized that Monero will render it worthless, prompting it to sell off units before the algorithm changes kicked in.
“They’re the first off the block. Obviously they’re going to mine with [their own ASICs] before they sell them. And in fact, I would say that the only reason they made it public and put a price on it and started selling them is because in February we announced that we’re going to make a proof of work change,” Spagni said.
Indeed, it probably isn’t a coincidence that the Antminer X3 was announced after the proof of work change. However, these mining devices could technically be built to accept updates to the target cryptocurrency’s algorithm.
We have yet to see an update to Antminer X3, but Bitmain has provided updates to other miners in the past on their support page.