News for hackers. Stuff that matters.

A comment on Inside the Race to Build the World’s Fastest Bitcoin Miner. Parent comment

Re:Inside the Race to Build the World’s Fastest Bitcoin Miner by ufo on Tuesday April 23, 2013 @01:26PM (#5596549)
If a single group controls more than 51% of the mining power they can cheat the system (double spending, things like that). If such a monopoly was created people might lose their trust on Bitcoin and try to leave the system.
[ Parent | on HN ]

There are no comments on this comment yet.