Post
Topic
Board Bitcoin Discussion
Re: Bitcoin will NOT surpass traditional methods of payment. Convince me.
by
blckhawk
on 24/01/2020, 08:08:16 UTC
It's either:

1. They buy power from existing rigs. However, the price is not the only thing they'll need to consider, but also if these pools would cooperate with them and sell them their service. Or,

2. They buy their own nodes, which they would need to make 101% of the current network node size, which would be too much expensive compared to the benefit they'll gain.