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A comment on The Bitcoin hash rate has increased by 28.2% over the last month. Parent comment

Re:The Bitcoin hash rate has increased by 28.2% over the las... by hasch on Thursday April 21, 2016 @02:07PM (#11544158)
good point, but a mining monopoly would destroy the value and hence it's in the self-interest of miners to be diversified. that's an economical self-correcting mechanism on top of this technical mining/reward feedback mechanism.
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Re:The Bitcoin hash rate has increased by 28.2% over the las... by schmichael on Thursday April 21, 2016 @02:23PM (#11544273)
AFAIK this is the conventional wisdom but not a proven fact. A smart 51% attacker could profit and go unnoticed:

> And contrary to commonly-repeated assertions, a monopolist can engage in subtle attacks that are hard to detect.

http://hackingdistributed.com/2014/06/16/how-a-mining-monopo...

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