So if I understood it correctly, bitmain has a remote kill-switch (effectively, since they can brick the machines with the firmware change) on 70% of hashrate? fanastic. What are we supposed to do now, other than change the PoW algo immediately? Core Devs should be having a meeting with non-Bitmain miners right now proposing a roadmap to change the algo and leave Bitmain isolated. I don't think even the BU camp is stupid enough to keep supporting Jihan and his rigged miners anymore.
Anything but open source mining machines should be totally banned from the network. Ideally we should go back to 1cpu=1miner with a new PoW, but how do we guarantee that we will not end up like this again? at least we'll set a precedent I guess.
Anyway, I hope Core Devs are already on this like I said before. We can't go no longer than a week sitting under explosives.
There is already an easy way to mitigate the risks associated with Antbleed (
http://www.antbleed.com/), as pointed out earlier in this thread:
How Can I Protect Myself?
The easiest way to make sure your Antminer is not vulnerable to this backdoor is to add the following to your /etc/hosts on the device to
127.0.0.1 auth.minerlink.com
This will cause the Antminer to connect to your own local machine bypassing the check-in with Bitmain without interrupting normal mining behavior.
Furthermore, Bitcoin currently has a market cap of close to $21 billion. To rush into knee-jerk reactions like changing Bitcoin's proof-of-work algorithm would be catastrophic for Bitcoin and the people who rely on it. Take the Venezuelans, for example (
https://bitcoinmagazine.com/articles/bitcoin-in-south-america-why-venezuela-has-an-active-bitcoin-mining-community-1452097837/). They have turned to Bitcoin mining, at great risk of arrest, to make for themselves a living in response to Venezuela's intensifying political turmoil and rapidly contracting economy (
http://www.aljazeera.com/indepth/features/2017/04/venezuelans-turned-bitcoin-mining-170415124105593.html). To suddenly change Bitcoin's proof-of-work algorithm would mean pulling the rug out from under their feet and leave them hanging at the mercy of their government's failures.
It would therefore be wise to consider the greater global landscape of Bitcoin and the people who rely on it before pushing for unnecessarily risky moves.
How is sitting under a ground that is 70% filled with mines not a risky move? I don't think you are considering the gravity of the situation.
If we don't wipe the ASIC nonsense out, what are we doing but delaying the problem?
How long until such a thing happens again, goes unnoticed, but they decide brick the entire network?
At the same time, I understand changing the PoW is an huge problem within itself....
Honestly there is no easy way out. We should have taken care of this earlier, now there is no easy way out from this mess. So pick your poison.