If there is a drop in hashing power/miner, the difficulty will decrease and therefore it would be a wise idea to buy hardware.
At this time and age wouldn't it be cost effective for manipulation by a bitcoin hardware seller? What I mean is a organized DDOS in order to make it look like there is less miners, thus people will think it will be easier to mine and will buy hardware?
Then when they shipout the hardware they stop the DDOS.
I hope this is not the case.
At this time and age wouldn't it be cost effective for manipulation by a bitcoin hardware seller? What I mean is a organized DDOS in order to make it look like there is less miners, thus people will think it will be easier to mine and will buy hardware?
Then when they shipout the hardware they stop the DDOS.
I hope this is not the case.
That is a pretty intriguing thought.
Or perhaps a trojan, or bot that goes around hacking into mining machines,
either diverting payouts or attempting to permanently damage the board.
That would bring the hashrate down, and the companies wouldn't need
to do a thing, letting human nature take its course.
Realistically, its only a matter of time now.
How many people left their log and pass admin? A certain percentage will.
Hell, I did til just now.
