Hacker News new | ask | show | jobs
by bufferoverflow 796 days ago
Even if you had the money, there's not enough hardware for sale to get 20% of mining power. Not even 2%. High-end mining hardware (most efficient) is almost always sold out.
1 comments

State actors could build those ASICs or use proxies.
It's not that easy. Russia has been trying to build their own competitive chips for decades with no luck. All their attempts lag modern chips by multiple generations.

You would need to duplicate TSMC to create enough ASICs.