Part 9/19:
Miners are concerned about “ASIC commodification,” fearing that the entry barrier is lowering, which could lead to a saturation of low-margin players, decreasing the network’s overall resilience. Theoretical strategies like coordinated production cuts or shared hash rate caps—akin to OPEC’s oil production agreements—are considered but deemed impractical due to the trust issues and the prisoners' dilemma inherent in collective limit-setting.