I’m sorry. I’m old and slow.

That’s an interesting point — I definitely agree that Bitcoin mining being dominated by ASICs makes it harder for regular users to participate, which can lead to centralization concerns.

A side note in regards of ASIC: I foresee (and some authors as well) mining Bitcoin will become nothing but a game of chance in the future. Having dedicated mining companies and teams dedicated to find a number won’t be profitable, so it will be like a lottery. Bitaxe, for example, have already mined full blocks not so long ago. Minimal? Yes. But they did indeed. Mining at scale and decentralized becomes a lottery in the end.

Just to clarify though: when you say "Lightning Network is not ASIC-resistant," are you referring to mining specifically, or to something else about how the Lightning Network works? Since Lightning doesn’t involve mining, I’m curious how you see ASICs affecting its role or adoption.

Would love to hear more about your perspective!