Re:Many Bitcoin Miners Are at Risk of Turning Unprofitable
by sowbug on Thursday April 19, 2018 @03:29PM
(#16879246)
Right, my reply simplified the issue.
But generally, it's a fair generalization that if step #1 in taking down Bitcoin is acquiring >50% of mining power, most rational actors will go off-mission and decide that step #2 is mine Bitcoin, not screw with it.
Still it this exact belief in math that will become a self fulfilling prophecy and keep bitcoin afloat way past someone executing 51% attack.