Re:Make Your Own Chips for Free
by lekevicius on Sunday May 29, 2022 @03:58PM
(#31552352)
I'm curious about this question, even though it's a bit off-topic: how likely is it that an entity (commercial or governmental) could "secretly" produce enough mining hardware to consistently have 51% of network's hash power?
[ Parent
| on HN ]
The biggest mining pools have known identities[1]. If some unknown group started mining and the hashrate jumped 50%, it would draw lots of attention. There's no way it could be done secretly. A more likely attack would be a government bribing or coercing a few of the biggest mining pools to manipulate their blocks.