Post
Topic
Board Mining
How much would it cost right now to attain 50% of the network?
by
portpho
on 17/05/2011, 01:46:46 UTC
Let's say you just keep buying FPGAs or GPUs until you have over 50% of the network and can dominate it.

How many millions would it cost right now?

I'm curious just how rich you'd have to be to take over bitcoin.

Could you do it with $10 million as a small business owner?

Could a hedge fund CEO do it with $100 million?

Could Zuckerberg do it with $1 billion?

Could the NSA or DOD do it with $10 billion?

How about the Chinese government?

Basically, how many people in the world have the power to fuck over bitcoin if they wanted to?