Those who oppose ASIC mining usually pretend not to see the following facts

1. The monopoly of ASIC mining machines is far lower than that of GPU/CPU

There are at least seven major mining machine manufacturers that are fully competing in the market (Bitmain, Avalon, Yibit, BW, Bitfury, Shenma, and Xindong), while there are only two major GPU/CPU manufacturers (Intel & AMD, AMD & NVIDIA).

2. The manufacturing difficulty of ASIC mining machines is much lower than that of GPU/CPU

As long as there are billions of dollars of funds, it is enough to establish a new ASIC mining machine manufacturer. At present, there are at least two-digit ASIC mining machine manufacturers in the process of tape-out, and they are about to join the melee. ASIC mining machines are highly competitive and decentralized. Without tens of billions of dollars of funds, it is impossible to establish a new CPU/GPU manufacturer.

3. Mining is not the main business of GPU/CPU manufacturers at present

But what if the next round of Bitcoin bull run, like in 2013 and 2017, rises a hundred times again? Will mining become the main business of GPU/CPU manufacturers? Note that NVIDIA has already started supplying graphics cards designed specifically for mining.

4. The fact that every household has a GPU/CPU and that they will use these GPU/CPU for mining are two completely different things.

From the graphics card mining pool computing power statistics, we can know that 99% of the graphics card computing power still comes from large-scale deployed mining farms.

Large-scale deployment of GPU mining farms

There are not many people with the computing power of personal graphics cards who would bear the electricity price several times higher than that of mining farms to mine. One of the two factions currently split in the community seriously lacks common sense in economics.

5. Mining specialization and scale are the inevitable results of economic development

No matter what equipment is used, even CPU mining will have large-scale mining farms. Those who think that mining farms will not appear when using CPU/GPU lack the most basic economic common sense.

CPU mining farm for PTS

In contrast, ASIC is the most decentralized at the device level, far better than the highly monopolized CPU/GPU.

6. The emergence of mining farms is part of Satoshi Nakamoto’s design

Satoshi Nakamoto said:

it would be left more and more to specialists with server farms of specialized hardware

The original text of Satoshi Nakamoto can be found in "Bitcoin Expansion Dispute: The Controversy of "Decentralization""

Satoshi Nakamoto believed that server farms should be composed of specialists running specialized hardware.

ASIC professional miners, which are specialized, large-scale and have extremely high sunk costs, are the best guarantee for Bitcoin security.

Instead of a CPU/GPU botnet controlled by hackers at no cost,

It is not a Core that can destroy Bitcoin without any loss and walk away at any time.