People should ICO plenty of ASIC companies. Competition will drive processor price down and thus decentralize production. I believe it was the original plan.
Or consider POW has limitations. It was good to initiate the move, but then go for POS. Sometimes I wonder if this was not the true original plan. Or if is was not, it may also become.
Or consider POW has limitations. It was good to initiate the move, but then go for POS. Sometimes I wonder if this was not the true original plan. Or if is was not, it may also become.
We still have the problem of one company crushing the competition. Antminer wasn't the only Bitcoin miner until this year when the s9 drove everyone else out. Pinidea is falling behind Baikal and will likely have to quit in a few years. People who mine coins aren't like Apple fans, willing to buy an inferior product that's basically a polished turd
@que91 Yes ASIC are easy to scale, that's one of the problems. They drive out hobbyists. Massive data farms will push small timers out.