Zooko thinks ASIC miners are inevitable, so might as well not resist. WTF?

[Shawn]

Let’s talk about ASIC mining

Here’s why Zcash chose to use Equihash mining, back in 2016: “Equihash is a memory-oriented Proof-of-Work, which means how much mining you can do is mostly determined by how much RAM you have. We think it is unlikely that anyone will be able to build cost-effective custom hardware (ASICs) for mining in the foreseeable future… we may change the Proof-of-Work again, if we find some flaw in Equihash or if we find another Proof-of-Work algorithm which offers higher assurance.” Why Equihash? - Ele…