...the other side of the coin is promoting decentralization which is easier to do with GPU's that the "common man" still can barely afford compared to FCFS ASIC's that only "rich capitalist farmers" can buy...
Misinformation upon misinformation upon misinformation.
- The security of a blockchain should never be whittled down to something based on what some random burger flipper making minimum wage can afford to mine with.
- If the above does happen, the lie that an $871 ASIC is "too expensive" for entry should be pointed out
- If you see $871 ("ASIC's that only 'rich capitalist farmers' can buy") for the same hashrate as a $12,000 GPU setup ("that the 'common man' still can barely afford") as how it is, then you can't math.
- The decentralization of 3 ASIC chip manufactures is greater than the "decentralization" of 2 GPU chip manufactures (one of which hasn't made any chips in 6 months and the other which is widely not supported by these new changes); because, math!
Your point of view is very interesting, especially the part about the manufacturers, I had never asked myself the question like that and actually as a GPU miner I may be inclined to see ASICS negative aspects.
Thank you !