yes, the limit of the bitcoin is came from that. If you remove hashrate and electricity from the key issue, bitcoin will not again limited in quantity it was never the problem, it’s the feature. And no one forced anybody to mine for BTC.

for scalability, I know your concern. but that doesn’t mean you own btc farm = own world’s bitcoin. again, my approach is from economical standpoint : it’s not centralized. As for 51% attack, that **theoretically can happen ** but it’s hard to fulfill many condition needed.

or do I miss something?