Re:Ohmm Mining: Turn Flared Natural Gas into Bitcoin
by sunsu on Thursday May 30, 2019 @05:30PM
(#20056098)
No. There is no way for Bitcoin mining to "break SHA-256 and render it insecure". There isn't enough energy in the whole SUN to do that.
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Re:Ohmm Mining: Turn Flared Natural Gas into Bitcoin
by EthanHeilman on Friday May 31, 2019 @04:00PM
(#20064413)
Well Bitcoin mining could "break SHA-256 and render it insecure" by:
1. exploiting cryptanalytic weaknesses in SHA-256,
2. successes in new computing paradigms such as a large scale quantum computer using Grover's algorithm.
3. or turning the local galactic cluster into computronium for SHA-256 miners. Although at that point we have bigger problems. =)
If you think SHA-256 will not be broken anytime soon then that suggests that you believe that mining difficulty increases will slow down.