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every cheap laptop in the world will have ASICs built-in.
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Wait a minute...
You're moving the goal posts here.
Your original question was:
If everyone in the world mined with CPUs, could the average ASIC farm compete?
Now you are saying that everyone will be mining with ASIC insead of CPU.
I asked a question. How is that a goalpost? CPUs aren't enough, fine, but what if laptops had ASICs? Then would ASIC farms still dominate?
See, I haven't used up my daily limit of questions yet. I can ask more than one. You are free to ignore them, even if I don't have a paid banner.
odolvlobo gave you a correct and accurate indication of how useless it would be for everyone in the world to mine with CPU.
True, and there are also plenty of scenarios in which it would be useless to mine Bitcoin at all. But I never asked about today's reality, I asked about the future if and when Bitcoin was much larger. A lot of things will be different by then, and we can only guess as to which things will change and by how much.
"Plenty of people" isn't "everybody in the world".
Neither is a billion people. Next.
There are more people in the world that DON'T play the lottery, than there are people that DO play the lottery.
But are there more people who DON'T use money than people who DO use money?
You see, Bitcoin isn't a lottery ticket. As I said, we're talking about a hypothetical scenario in which Bitcoin is used as money by a lot more people than currently use it.
Therefore, given your reasoning, MOST people won't waste money mining with an ASIC in their laptop "hoping to mine 1 block in a lifetime".
How much money will ASIC mining cost, in the year 2120, if every home has free solar energy?
The next question is, will those people be willing to spend the money required to have the latest, fastest, most efficient possible ASIC in their laptop?
It depends - how much will a laptop cost in the year 2120?
Besides, as I said, they don't need the fastest computers if they have a billion of them.