Post
Topic
Board Altcoin Discussion
Re: About the BSV 51% attack
by
hd49728
on 06/08/2021, 04:53:31 UTC
Shouldn't we take this as a warning to take this more seriously?
Security of altcoin networks are bad if you see their network hashrates that are too small. With too small hashrates, their networks can easily be attacked with low cost.

https://www.crypto51.app/
Do you see how cheap the cost for 1 hour attack is? $4,800 for 1 hour attack with estimated cost from NiceHash service cost.
Quote
Name   Symbol   Market Cap   Algorithm   Hash Rate   1h Attack Cost   NiceHash-able

BitcoinSV   BSV   $2.63 B   SHA-256   339 PH/s   $4,805   138%