On: The Imminent Decentralized Computing Revolution

[wmf]

You have to buy hardware to mine. Arguably buying stake directly is simpler.

[tg3 → wmf]

Simpler probably, but unless you can buy stake from anyone (like you can with hardware), it lacks the same decentralized advantages.

[wmf → tg3]

In the Bitcoin world there are multiple exchanges and multiple ASIC vendors. Any healthy ecosystem should have multiple exchanges.