So if I understood it correctly, bitmain has a remote kill-switch (effectively, since they can brick the machines with the firmware change) on 70% of hashrate? fanastic. What are we supposed to do now, other than change the PoW algo immediately? Core Devs should be having a meeting with non-Bitmain miners right now proposing a roadmap to change the algo and leave Bitmain isolated. I don't think even the BU camp is stupid enough to keep supporting Jihan and his rigged miners anymore.
Anything but open source mining machines should be totally banned from the network. Ideally we should go back to 1cpu=1miner with a new PoW, but how do we guarantee that we will not end up like this again? at least we'll set a precedent I guess.
Anyway, I hope Core Devs are already on this like I said before. We can't go no longer than a week sitting under explosives.
That is really worrying. I guess people should now consider this on top of the standard 51% attack possibility