>>60771033
The barrier to entry being lower means the cost to mine is lower means more people can mine and sell at a lower price, suppressing the price which results in less security, as the price to "buy out" those miners is lower.

Also, as given in this essay https://archive.is/u4Axq Monero mining makes up a tiny fraction of the CPUs available in the world, so it's easier to marshal needed to attack the network. This would probably also be the case with GPUs though, and SHA256 ASICs might be no better as it would give Bitcoiners the chance to attack Monero. An algo with it's own specific ASIC not currently dominated by another chain might be the best long term path.

>until the point where that niche is saturated, and it becomes profitable to make monero CPU mining farms
Mining revenues are still lower than they were in early 2017. I'm iffy on whether that point can be reached under the current approach to mining.

>The fact that they aren't even winning
A single autist getting 40% of the hash rate in a few weeks is more winning for Qubic than I'm comfortable with