0 sats \ 0 replies \ @jgbtc 26 Oct 2023 \ on: What if Bitcoin mining was ASIC-resistant? bitcoin
ASICs are good because they make it so miners are all-in exclusively to Bitcoin. All the capital investment it takes to be competitive, and in hardware that only has one use, means that they are committed to mining bitcoin and only bitcoin. So they are less likely to fuck around and attack in some way.