Post
Topic
Board Mining (Altcoins)
Re: WARNING: Potential 51% attack on Litecoin by GHash
by
ocminer
on 14/03/2014, 09:47:16 UTC
I have been mining on it for almost exactly 12 hours and have just a little over 1 LTC with a 2.7 MH/s average.

I have just been sitting here watching the pool's hashrate go up. From .5 GH/s to 36 GH/s (22% network hashrate) within 12 hours.

Hmm, I just threw some numbers in my brain concerning this..

so 1 LTC in 12h with 2.7MH/s.. Thats 10 LTC in 12h with 27MH/s and 100 LTC in 12h with 270MH/s and 1000 LTC in 12h with 27 GH/s

So if I understand correctly.. They have almost 40 GH/s now.. Thats roughly 1700 LTC in 12h or 3400 in 24h.

They do this promo for six more days which gives:

6 * 3400 LTC = 20.400 LTC

20.400 LTC * 16 $ = 326.400 $

So they spend 326.000 $ AS A PROMO Huh WTF ??!?! Are they cooperating with Coca-Cola or so ??