Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Bitcoin ecosystem’s weakness
by
stompix
on 13/11/2021, 16:08:21 UTC
⭐ Merited by SFR10 (1)
When the hashing power goes down... the difficulty goes down and these people in those countries will once again be able to mine Bitcoin with GPU's and CPU's.

Yeah right... Roll Eyes
An Nvidia 3090 does 100 Mh/s that's NY comparison 1/1 000 000 what a S19j does.
So if every family on this planet would have a card that in some places is 6 times more expensive than the average wage, you could still perform a 51% attack with just  2 000 ASICs.

The moment the coin is profitable again to mine with a GPU not even thinking of a CPU it is probably after an asteroid impact that left only 0.001% of the population and no electrical grid on the surface of the earth.