Re:The problem with Bitcoin miners
by louloulou on Sunday May 15, 2022 @05:22PM
(#31391271)
If you can maintain it, sure.
But you can only double spend coins you already control, so at this point you would control 51% of global SHA2 hash and have a bunch of bitcoin that you would be double spending?
Who would accept that as payment? What incentive would you have to do something like that since you would be taking a massive loss?
But you can only double spend coins you already control, so at this point you would control 51% of global SHA2 hash and have a bunch of bitcoin that you would be double spending?
Who would accept that as payment? What incentive would you have to do something like that since you would be taking a massive loss?
Maybe as a government attack?