I have read an article that the Swedish regulators are proposing a ban on cryptomining in the European Union.
If they ban it or regulate it, this presently shows a weakness in the bitcoin ecosystem. Anyone can argue that they might not do it because half or more of their energy sources are renewables. However, the regulators can always have the ability to ban cryptomining because it has become a business that needs regulator permits and licenses to begin operation or be approved to operate. The danger of a ban will always be there.
I reckon there should be a development and engineering team formed to research on Asic resistance. Users should be given back the ability to mine in the privacy of their own homes where the government has no right to stop them.
Ofcourse. Sometimes I wonder why much attention has been paid to the bolded part. In my opinion, clustering huge miners on one or few places happened so quickly and at the wrong time. It's could be considered a single point of failure.
The Bitcoin Network should be encouraging properly distributed/decentralized mining to help in securing the Network. Once a Network is losing is decentralization, you could be right if you think it's becoming less secure. By the way, other Blockchain Principles are affected once a cryptocurrency start losing it's decentralization.
The only reason centralized organizations/companies appear safe is because we don't know much about what they do in secret, and they are kind of protected or are not too bothered by governments once they are licensed