Imagine you could get ten million devices each doing a modest 800 GH/s out on store shelves at a moderate pricemade plug-and-play, and advertised as the hot new thing. Just make sure the thing runs quietly, and has sleek industrial design. Congratulations, you just added 8 EH/ssomewhere around (waves hands) doubling the global hashrate, with half of the global hashrate now spread amongst computer enthusiasts, gadget fetishists, people who want a show-off conversation piece, finance people, maybe even gamers (many of whom have a gadget fetish, and want to show off to their friends).
I know that there have been previous attempts to create something along these lines. What is needed is for a well-established, competently managed Bitcoin company with in-house brains and leadership who cares about Bitcoin to take a serious interest in making hardware happen for miner decentralization. I know that the whole process from ASIC development to fabbing, to device design, to manufacturing, to (sometimes most difficult for engineers) distribution would be a challenging task. It is not a project which some genius lone-gun could pull off by himself.
(In my dreams: Wheres a Blockstream conspiracy when you need one? If they could do a satellite feed, theyre adept at the sorts of contracts they would need to arrange. They are already hated by Jihan & Co. Go for it.)
You have more merit than you need but its so hard to not give it away when you post stuff like this. I like to think that I'll keep it for some of the lower ranked members who are making good posts.
Then I come across one of such posts and its like, Should I merit it? Would he feel bad if i didn't..LOL..Theymos replied to one of my posts and I couldn't bring myself to merit it thinking it'll look like adulation more than anything else..
I am still trying to figure out what to think of it. You can help by letting me know what you think of it.I vehemently agree that we need the hardware part of the ecosystem to change for decentralization. I even have a small hope that the electricity shortages for large farms would be a step in this direction as i mentioned in a post here. The big manufacturer right now has all the incentive to sell their ASICs in huge batches rather than to individuals.
A policy in this regard would probably accomplish this in one stroke but then we'd be asking the government/ regulator to do it for us.
Elon Musk made the rockets. How hard could it be to make ASICs? Maybe we should start some sort of open hardware project for this? This is the perfect use case for our eagerly awaited Bitcoin champions.
Also, I request that you take these and similar thought threads to the Ivory tower page. You should also collect some of your better posts so anyone can take a look at them in Serious Discussion/ Ivory tower. If you allow, I'd like to do that myself. We can include other great past discussions.