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Bitcoin Discussion
Re: 51% attack hypothesis - Prove me wrong
by
mooncake
on
10/01/2014, 14:44:02 UTC
Quote from: Coin_Master on January 10, 2014, 02:30:29 PM
Where are you going to get mining hardware that fast?
The Bitcoin network is faster than the top 500 supercomputers in the whole world combined.
http://www.forbes.com/sites/reuvencohen/2013/11/28/global-bitcoin-computing-power-now-256-times-faster-than-top-500-supercomputers-combined/
It is becoming clear that you have absolutely no idea how much independent/distributed processing power exists.
Does this mean I proved you wrong?
Mining hardware is just a function of money.
Anyway, even if theoretically possible, I just hope that the BTC network now has grown so huge that controlling 51% mining power is practically impossible.