[rebuilder]

I don’t see how hashpower consolidation is a consequence of anything other than the usual economies of scale that lead to consolidation in different businesses. A large miner can negotiate better prices for hardware and electricity than a smaller one.

[FlacoJones]

That's exactly it - hashpower consolidation does result from economies of scale.

At least looking at ASIC-resistant mining algos... it would be a hopeful future if we could get protocol-level compute and storage sharing to distributed mining pools, like https://www.nicehash.com/

Until contributing your unused compute and storage is as easy as clicking a toggle, the economies of scale will prevail.

I think crypto + ASIC resistance + seamless edge computing = the original dream of the Internet

[FlacoJones]

TL;DR Maybe regulation of massive mining cartels can have positive externalities by making distributed mining pools more profitable