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> It is inevitable that a manufacturer of BTC asics with access to cheap power will become large enough to control 51% of the hash

The ASIC manufacturer would also need a backdoor. ASIC manufacturers don't control mining.

Large miners are unlikely to allow backdoors into their mining network.





ASIC miners often do control mining. They often mine with chips before they drop them in the public market

I think they mean the manufacturer would just keep most of the stock for themselves. Reminds me of that famous Scarface quote: "You should get high on your own supply, it's a great idea that won't end horribly."

>ASIC manufacturers don't control mining.

I dont think you understand the BTC mining ecosystem




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