Post
Topic
Board Bitcoin Discussion
Re: Dear Bitcoin Miners
by
Oznog
on 25/03/2017, 20:47:30 UTC
When ASICs were created, those miners split their power with the
validator nodes that do not mine.
Meeeeeeec. Error.
ASIC did not split the power.
It only lifted computer power to a new level.

Bitcoin is not proof-of-network, it's proof-of-work.

When BU made that invalid block a few weeks ago, the nodes rejected it
because the miners DO NOT control.
Nodes cost only $40/month or less.
If you're correct, how come no one has thought to buy a few thousand nodes for a few hours in the cloud to gain control of Bitcoin?


ASIC Miners inadvertently gave half their power to Validator Nodes back in 2011.
You say half the power? Exactly 50%? Why?
You should assume that the miners have the technical and economic ability to deploy the nodes as necessary.