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Re:Bitcoin Mining Now Consuming More Electricity Than Many C... by DennisP on Wednesday November 22, 2017 @03:46PM (#15760460)
That only works if there actually is a way to spend $51 and get a higher probability, and that's not necessarily the case. E.g. the Dfinity protocol uses threshold signatures so with any m-of-n stakers submitting, the same random number will be produced.

Besides, in Casper at least there are internal costs: the locking and potential loss of stake.

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