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Expanded a bit my answer.

IMVHO, ASIC hardware provides such a huge efficiency boost that even if everybody in this planet ran a mining raspberry pi, the ASIC manufacturers would maybe still own more than 51% of the hashrate.



Not maybe, definitely. A first-gen pi can mine at 200KH/s [1], and a 3rd gen pi is roughly 10x faster in cpu tests [2].

At 2 MH/s per pi, times 7 billion people, you get a paltry 14 petahashes/s. That's a hair over 0.2% of the network...

You'd need three trillion raspberry pis to get half the network. Good luck with that!

[1] https://en.bitcoin.it/wiki/Non-specialized_hardware_comparis...

[2] http://lifehacker.com/how-the-raspberry-pi-3-benchmarks-agai...


Thanks so much for that analysis! My mind was not that irrational then when making that guess :)




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