Damus
AncapCrab · 3d
So is it profitable to produce these chips elsewhere when chinese production is the cheapest and most efficient? Is it ecomomically rational to produce it more expensive for example in Europe? Do you...
Raison d'État profile picture
You are an honest and trustworthy man, but the world doesn't work that way. China won't be holding a press conference to announce their change in policy.

Large customers for ASICs will be contacted and told there is a problem with their order, and delivery will be delayed, but the nice officer will pull strings and push them to the head of the queue if they'll only run this "pre-filter" on transactions their pool processes.

You're not being asked to change even one line of bitcoind. The pre-filter only stops CSAM and terrorism, you know? You want to help us protect Bitcoin's good name, don't you? And you wouldn't want to disappoint shareholders, either.

"Help me, help you", says the nice officer, in impeccable English.

You might tell him "GFY". Others will go along to get along, as people normally do.

After 4 years of this, guess who holds 90% of the double-SHA256 hashing power in the world?

The "good pool operators" and their "good miners", who update their pre-filter hash tables promptly, and have weekly chats with their handlers. This may have already happened - who is going to tell us?

Monero is not immune to this, either. But foundries that produce general-purpose CPUs are far more widely distributed (even if the best do come from China). And choking the supply of CPUs will spawn a million-fold larger pushback (and greymarket / blackmarket) than restricting the sale of a niche ASIC to a tiny number of people.

Restricting CPUs is declaring war on the rest of the industrialised world, restricting ASICs is just "striking black".
1
AncapCrab · 3d
"Large customers for ASICs will be contacted and told there is a problem with their order..." what will the price do in this case? Will the ASICs become cheaper or more expensive? If this is done for long enough someone else will join and produce it cheaper because it becomes profitable. Plus, th...