Post
Topic
Board Bitcoin Discussion
Re: Grayscale keeps buying bitcoin.
by
Teresa_FX1
on 16/11/2020, 11:52:30 UTC
I understand that Satoshi meant 51% hashrate, I just made a comparison but as in the previous reply mentioned that Grayscale accumulated on 2.29% of the entire BTC market cap it's not that large.


There's no correlation between 51% attack and have lots of Bitcoin. What you need for 51% attack is 51% hashrate, which means lots of ASIC or access to ASIC.