Post
Topic
Board Bitcoin Discussion
Re: Impact of ASICs on Bitcoin security
by
jaywaka2713
on 02/07/2013, 20:13:46 UTC
Time it takes for BFL to produce and ship 300 500GH/s rigs = 10 months to indefinite
Time it takes for BFL to finish current order chain = 10 months to indefinite
Hashpower increase once order chain is finished = Way more than 300 TH/s
Also, BFL has said that they won't sell enough hardware to 51% attack
So money required to create roughly 50 identities to purchase the 300 500Gh/s rigs? Millions of dollars.