Re:Warning Signs About Another Giant Bitcoin Exchange
by Retric on Wednesday November 22, 2017 @12:26PM
(#15758579)
China can take console of all of their miners in the country which would all for a 51% attack to be profitable ignoring opportunity costs.
In this case forking does not help as they maintain control of the equipment and have access to massive CPU and GPU resources to swap to alternative architectures.
Now, if you think bitcoin maintains value if there are zero transactions for ~6+ months you are clearly mistaken.
In this case forking does not help as they maintain control of the equipment and have access to massive CPU and GPU resources to swap to alternative architectures.
Now, if you think bitcoin maintains value if there are zero transactions for ~6+ months you are clearly mistaken.