Anyone know where more good info is on this
51% attack on a coin so high up in rank
How did they get that high a percentage of mining on the network? Did they hack a pool? What?
Jul 31, 16:36 UTC. The attacker started mining blocks by purchasing the hash power for double price from Nicehash provider daggerhashimoto, as we found in the first article. The total cost of mining is approx 17.5 BTC ( ~$192,000 )
The ETС network does not have such a large hashrate, but buying hashrate from miners is a risk of losing money in case of an unsuccessful attack.
https://coinmarketcap.com/currencies/ethereum-classic/The most interesting thing is that the 51% attack did not significantly affect the price of the coin. Over the past 2 weeks, the price of the coin has increased