So we should just sell off all of our Bitcoin now? Isn’t this what the difficulty adjustment avoids? You’d need a state actor stacking ASICS now waiting for a 50% drop in hash while also needing 51% of current hash. They’d spend ungodly amounts just to set this up, the only benefit would be to kill Bitcoin off. Theres 0 economic benefit. To really kill it they’d have to keep this machine offline in the shadows and keep continuing to attack when difficulty got to a level it was viable.