Hi,

Currently reading Parking Lewis stuff and there's one thing I cant seem to understand. It is in regard of honnest/dishonnest miners.
I hear this many times in podcast and articles, the notion of ''high cost'' for miner going against the rules/consensus and being Rejected by the network.

Here's what Parker says :
The halvening is important not just because the supply of newly issued bitcoin is reduced, but also because it demonstrates that the economic incentives of the network continue to effectively coordinate and enforce the fixed supply of the currency on an entirely decentralized basis. If any miner attempts to cheat, it will be maximally penalized by the rest of the network. Nothing other than the economic incentives of the network coordinate this behavior;

All I am trying to understand is this : Suppose that an entity manages to amass a huge amount of CPU power. What happens when it is uncovered by the network honnest nodes? Can the entity keep on trying again on the same back ?

Later in the game, the entity would not suffer huge lost if it finally decides to play by the rules and perform valid work, right ?







Source : https://unchained.com/blog/bitcoin-is-not-backed-by-nothing/