Post
Topic
Board Bitcoin Discussion
Re: Proof of work debate? Threatened 51% attack due to fork debate
by
jonald_fyookball
on 21/03/2017, 01:09:59 UTC
Apparently the Bitcoin subreddits are talking about this as a huge focus and it isn't being brought up here. Rumor has it that Bitmain has threatened a 51% attack if the BU fork happens, this has now started for a push for a new algorithm debate.I haven't found all the information​ but this seems like it could be the worst outcome, split coin and changed algorithm could only devalue Bitcoin more and more.

Pretty sure this is FUD.

I doubt miners would waste their resources on such a convoluted scheme (attack a chain and then turn around and mine on the opposite chain), especially since they need all the resources they can get to show strong hashpower majority on the new chain.