* It becomes relatively speaking more profitable for Chinese ASIC manufacturers to directly sell their miners compared to mining themselves. This will diminish

* It becomes relatively speaking more profitable for Chinese ASIC manufacturers to directly sell their miners compared to mining themselves. This will diminish their oversized power in the ASIC market and decentralize mining in terms of operators. Don't see this equation actually changing. Like you mentioned, operations will just be moved elsewhere. ASIC manufacturing and mining "tech" will still be hoarded and profit maximized.