@NickSzabo4 @Bitstein @JustusRanvier ASICs become commoditized. Then it's easier for 10m ppl to waste $1 each than for 1 firm to waste $10m.
@Bitstein @JustusRanvier @petertoddbtc @ActuallyAndreas Microsoft 90% market share not disaster but 51% attack is. (Ask auroracoin etc.)
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@ActuallyAndreas@NickSzabo4@Bitstein @JustusRanvier Even with commodities, economies of scale present. ? is what are diseconomies of scale -
@ActuallyAndreas@NickSzabo4@Bitstein @JustusRanvier i.e., what are diseconomies of scale to running a mining pool? (I have no idea)
End of conversation
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