/biz/ - Business & Finance

>>54114405
>Obviously individual TX are more resistant, but if big dick corporation or .gov wants to buy 1 million ASIC miners to 51% BTC, they can just as easily buy 1 million computers with top of the line CPUs.

Uh, no, you're comparing apples and oranges.

The demand for Bitcoin ASIC miners comes 100% exclusively from the Bitcoin mining sector. In other words, literally nobody else needs them so a single mining corp can buy up literally tens of thousands of units without issue.

>MARATHON BOUGHT 78,000 BITCOIN MINERS FOR $879 MILLION
>The mining company expects to have 199,000 active machines outputting 23 EH/s by early 2023.

https://bitcoinmagazine.com/business/marathon-bought-78000-bitcoin-miners-for-879-million


In contrast, the demand for high-end CPUs is GLOBAL, involves countless industries and comes the least from the Monero mining sector. In other words, you can't just rock up and buy 1 million Ryzens without causing severe disruption and creating a bidding war that drives CPU prices to the fucking moon.