Post
Topic
Board Securities
Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It
by
furuknap
on 10/05/2013, 05:46:34 UTC
Please stop being worried about an single entity having 50%+ of the network,

Someone could have 90% hashrate and as long as he doesn't mess with the chain rules you've nothing to worry about.

We do have something to worry about because such a scenario would undermine Bitcoin as a currency. Thus, great care is taken to avoid it.

ASICMiner can avoid this in many ways, and I trust friedcat to manage this strategy however makes sense.

.b