Bitmain collapsing might be good for Bitcoin long term but we don’t want them to collapse _too fast_, and forced to liquidate mining hardware at even lower prices. Not good.
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Granted an attacker attempting a 51% attack on Bitcoin would still need to overcome all the challenges I outlined here:https://medium.com/p/a-review-of-budishs-51-attack-theories-what-is-the-fair-price-of-an-old-asic-59a7dcf9ff94 …
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