The Antminer X3, one of the most recent offerings from mining giant Bitmain, has been in news quite recently and not just because of its product features.
Being a CryptoNight miner, the Antminer X3 was generally dubbed as a “Monero miner” since that is the most popular cryptocurrency which uses the CryptoNight algorithm. Miners on the Monero network were likely overjoyed at having the latest model of a dedicated miner and grimaced due to its high price.
However, Monero ended all the joy and the worries for its miners by rolling out a hard fork which rendered ASIC mining ineffective on the network.