but the “for profit” incentive can be distorted. no company will deny the holy water that is public funds, so that very incentive is what makes bitcoin open to attack. ethirium has like what 50-70% of their blocks effectively sanctioned and people are okey with it.
it seems to me geographical distribution is probably the most important PoW metric?
This isn't the article I was thinking of but it is worth looking at. Attacker has a lot of computing power.
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If you think every miner (including individual bitcoiners) will take dollars from the US to censor transactions I don't know what to tell you. Public companies would for sure.
I agree with you on Eth but if you haven't noticed bitcoiners are very different from eth heads. If you believe there is a future with eth you really don't understand why bitcoin is even needed.
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