Ok, I have read about the Lithium Luna release that's supposed to be ASIC resistant. However, I'm unclear about whether Monero is now using a new hash algorithm. Is Monero still using its CryptoNight algorithm or some variant?
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Broadly speaking, it is still using the Cryptonight design, but the v7 hardfork included some modifications to the algorithm to brick the current generation of ASICs.
See https://github.com/monero-project/monero/pull/3253/files
All v6 mining software, including pools, have had to upgrade to match the new algorithm.
Haafingar
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1Overview of "some modification" – Link Ng Apr 13 '18 at 12:49
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You can see the full PR here https://github.com/monero-project/monero/pull/3253 – Haafingar Apr 16 '18 at 05:06