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A comment on I Spent A Coin (And I Liked It) — How I Bought Lunch in Manhattan with Bitcoins. Parent comment
That is still enough computing power to make the network moderately secure.
Entities with a vested interest in Bitcoin being unhackable by those with too much CPU power might then run non-profitable mining setups.
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That is still enough computing power to make the network moderately secure.
Entities with a vested interest in Bitcoin being unhackable by those with too much CPU power might then run non-profitable mining setups.