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Re: Report plagiarism (copy/paste) here. Mods: please give temp or permban as needed
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dkbit98
on 20/05/2020, 12:54:42 UTC
Plagiarism case. User just copied same text from admin of other forum swiftcointalk.org

User chmod755
Archive: http://archive.vn/wpQTr

Miners use tons of electricity to process transactions, and the general assumption is that miners directly sell their newly created bitcoins to cover their costs. Almost everyone knows that after the halving, not 1800 bitcoins, but only 900 bitcoins are supplied to the market daily.
This change is believed to have a positive effect on the price of bitcoin.
If the price of bitcoin does not increase after the block is rewarded by half, the miners revenue calculated in $ will decrease. This means that they will have trouble covering their costs, and that will cause miners with the highest electricity costs to leave the market first. The reduction in electricity consumption to maintain the network means that the difficulty of processing a block of transactions will decrease.
Theoretically, this means that it would be easier to attack the blockchain network and create 51% of attacks.

What do you think?

Original source: https://www.swiftcointalk.org/latest-bitcoin-news/one-thought-about-what-can-happen-after-the-btc-halving/msg329590/#msg329590
archived:
Quote
Miners use tons of electricity to process transactions, and the general assumption is that miners directly sell their newly created bitcoins to cover their costs. Almost everyone knows that after the halving, not 1800 bitcoins, but only 900 bitcoins are supplied to the market daily.
This change is believed to have a positive effect on the price of bitcoin.
If the price of bitcoin does not increase after the block is rewarded by half, the miners revenue calculated in $ will decrease. This means that they will have trouble covering their costs, and that will cause miners with the highest electricity costs to leave the market first. The reduction in electricity consumption to maintain the network means that the difficulty of processing a block of transactions will decrease.
Theoretically, this means that it would be easier to attack the blockchain network and create 51% of attacks.

What do you think?

Original account also changed ownership and started new posting on May 6th.
Probably purchased account (he denies it):
http://archive.vn/nguI6#msg54391558

He also got most merits from member AD Node who is doing multiple Ban evasions:
https://bpip.org/profile.aspx?p=chmod755

1. phabulu (BPIP)- Banned
2. galahads (BPIP)- Banned
3  jujubax  (BPIP)- Banned
4  galahad_s (BPIP)- Banned
5. pirate hunter (BPIP) ?? unbanned ??
6. AD Node (BPIP) BAN Evasion