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A comment on 10,000 Bitcoin Mining ASIC Chips Arrive in Switzerland – 3 TH/s. Parent comment

Re:10,000 Bitcoin Mining ASIC Chips Arrive in Switzerland – ... by rmc on Wednesday July 24, 2013 @04:32PM (#6098900)
Conversely, if these fancy chips become the standard mining kit, they will push regular hardware out even more. This means if you want to do a 51% attack there are much fewer individual people you need to compromise.

A 51% attack isn't based on the number of people, but based on computing power. If 30 people control 60%,then they control everything.

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Re:10,000 Bitcoin Mining ASIC Chips Arrive in Switzerland – ... by cLeEOGPw on Wednesday July 24, 2013 @06:18PM (#6099467)
The more miners, the bigger the double spend required to compensate attack cost, the bigger the chances of it to be noticed.

I believe bitcoin is at the point where it is a financial loss to even try to compromise the network, even in case of success.

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