https://forum.bitcoingold.org/t/double-spend-attacks-on-exchanges/1362
Are you seriously ? 51% attack? Yes, they can not keep the price because of the opportunity to quickly sell what the miners earned. Here the BTG "team" trying to increase the time spent on passing the circle under the guise of non-existent attacks ( found ==> waited conf.==> >>sold . The plug did not come out to profit at all. 1) Now we see the real network hash and it is so small that one person with 20 kk $ can buy video cards and arrange 51% of attacks
Otherwise, how can I explain the variables that are not amenable to logic and mathematics ....... I observ network hash for a week and I see this :
- Network Hashrate =2.83 Ms/s ,-diff = 97.505 K -diff = 117.505 K ---------is this how ??
- Network Hashrate =1.65 Ms/s ,-diff = 164.505 K and -diff = 250.505 K --is this how ??
- Network Hashrate =2.19 Ms/s ,-diff = 104.505 K ,-diff = 164.505 K ----is this how ??
Rent hash was an excellent cover all this time and did not give investors and miners to assess the realities of this coin, and they are such that one person can expose 51% the network BTG ,invested in it about 20kk $ its END?
Are you seriously ? 51% attack? Yes, they can not keep the price because of the opportunity to quickly sell what the miners earned. Here the BTG "team" trying to increase the time spent on passing the circle under the guise of non-existent attacks ( found ==> waited conf.==> >>sold . The plug did not come out to profit at all. 1) Now we see the real network hash and it is so small that one person with 20 kk $ can buy video cards and arrange 51% of attacks
Otherwise, how can I explain the variables that are not amenable to logic and mathematics ....... I observ network hash for a week and I see this :
- Network Hashrate =2.83 Ms/s ,-diff = 97.505 K -diff = 117.505 K ---------is this how ??
- Network Hashrate =1.65 Ms/s ,-diff = 164.505 K and -diff = 250.505 K --is this how ??
- Network Hashrate =2.19 Ms/s ,-diff = 104.505 K ,-diff = 164.505 K ----is this how ??
Rent hash was an excellent cover all this time and did not give investors and miners to assess the realities of this coin, and they are such that one person can expose 51% the network BTG ,invested in it about 20kk $ its END?
You may have a valid point here, but I'm struggling to understand it (mainly because of your English). I read your post three time, still don't understand half of your statements. Can you reformulate it in a coherent way?
Let's do the math. The net BTG hash is indeed quite low at the moment, let's say it's 2MH/s on average. That corresponds to ~ 50,000 GTX 1080 level GPUs. To perform 51% attack one needs ~ 50,000 GPUs with an average cost of ~ $500. One person can of course buy $25 mln worth of gpus, but one person cannot build a farm of that size. Where does the number of $20,000 come from (if that is what you mean by 20 kk $).
The hash power was obviously rented for the attacks (or was performed by one of larger existing farms).