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replied 1813d
pools are not much of a problem as they don't control the HW. ASICs inherently bring centralization pressure.
replied 1813d
ASIC bring additional centralization pressure without imposing a cost on the maker of the ASIC, it rewards the ASIC maker, it makes centralization even more profitable.
replied 1813d
...which is why Monero switched to RandomX, making ASICs virtually impossible
replied 1813d
A malicious pool can pay to rent the POW by whoever has the general purpose HW and do what they want with it, there is no need to actually own any hardware, ASIC or otherwise to get-
replied 1813d
-Majority POW power, all it takes is paying above market rate to rent the hash in a pool. There is no way around that. However, there are non-51% attack reasons why ASICs are bad.
replied 1813d
And ASICs still has the rent problem + additional issues, so it is no better at some things and worse at other things.