Post
Topic
Board Altcoin Discussion
Re: Gameover for a few coins this week it seems.
by
HysonCorp
on 30/03/2014, 10:53:36 UTC

Further, to hack a 3-4Gh/s network, you need to know a pool with over 2Gh/s, which I would like to see anyone have before ASIC comes out. (that's 2000 x R9 290x at max config)
If you want to worry about Worldcoin being hacked, you have a LOT MORE to worry before that I think.



When do you think the new ASIC's will come out and how high a hashrate do you think one person could get with a lot of them?

When pools started destroying coins Kimoto invented his gravity well to neutralize the threat. Is it possible someone could invent something to neutralize the threats posed by the new ASIC's?

I know Kimoto's gravity well is not perfect and people on this forum are talking about possible attacks they can make on coins using it, but it's a start at defense.

well, when ASIC is out, everyone can get them.
so people mining will also be mining on a much higher hash rate.
I will be one of the first people lining up to get a lot of them myself!

unless somehow a hacker can get his hands on ASIC before everyone does, by then the hashrate of everything will be MUCH higher,
so shouldn't need to worry about that either.