Accepting the waste energy arguments, some remaining criticisms of proofs of work revolve around the allocation of computing resources, e.g. manufacturing custo

Accepting the waste energy arguments, some remaining criticisms of proofs of work revolve around the allocation of computing resources, e.g. manufacturing custom ASICs to compute hashes vs other applications. (This is also a utility argument, but more nuanced than the nocoin argument. It leaves open the question of whether the market forces are sufficient to give ideal outcomes for society.)