How much coke is he doing?pic.twitter.com/77qkK0M0VI
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In his defense, Bitmain has way too much power & BTC might get a PoW change with consensus within 18 to 24 months. Given current BTC/crypto implosion it's worth trying to push for it. What has BTC got to lose? If it doesn't work, just reverse it, hard fork or some other solution
How would you have any confidence the PoW change isnt covertly being supported by Bitmain? Bitmain could bring new ASICs to market faster than any. Unless Devs prepare a scaled ASIC pipeline without Bitmains knowledge, and beat them out the gate. Which is a scary precedent.
Bitcoin has a lot to lose. Changing the algo strips power from minority miners with skin in the game. Shuffling the PoW, even with good intent, could further centralize the market if Bitmain can game the transition more optimally than smaller players. (Hint: they can)
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