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A comment on Blockchains Considered Harmful: Is Brute-Force Processing Replacing Good Design?. Parent comment

Re:Blockchains Considered Harmful: Is Brute-Force Processing... by rothbardrand on Wednesday November 01, 2017 @08:42PM (#15606878)
IF it were insanely expensive, nobody would mine. That you don't value the results, doesn't change the economic value of the activity you don't like.
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Re:Blockchains Considered Harmful: Is Brute-Force Processing... by prostoalex on Thursday November 02, 2017 @01:01AM (#15607959)
A few years back anybody with a decent home PC could mine BTC, nowadays the barrier for entry pretty much requires a truckload of Nvidia products (or customized ASICs) and subsidized electricity.

Fast forward a few years ahead. Do you see more or fewer miners participating in such ecosystem?

PoW as it’s currently implemented encourages centralization.

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