Quote from: Woodie on Today at 09:33:28 AM

It's actually more complicated that you make it sound, think of it like a car.. For a car to be functional several systems have to work for it to move, say the fuel system, the oil system, suspension etc and when it comes to Bitcoin... miners are one such system that contribute to its smooth running of it and for the record are not independent but are dependable on other systems such as nodes, etcetera. So this havoc you talk of is not possible as ~~they need to also own a huge amount of bitcoin for a coordinated attack on the network~~ otherwise if they had miners and owned a huge chunk of BTC they would have a shot at this...

Sorry to bring this to you but you don't understand how mining and Bitcoin work.
Miners mine blocks, and nodes can only choose to refuse them, they can't create blocks, if a miner has 51% of the network there is no way for a node to know whether the blocks come from a good or bad miner, the nodes must follow the protocol, them refusing the longer chain is a breach of that protocol.

Somebody controlling more than 51% of the hash rate has control over the transactions, while he can't spend you funds he will always be able to invalidate your confirmed tx by broadcasting a longer chain without your tx or without any tx, and there is not a thing that you can do to stop him, you can't even properly identify the blocks as coming strictly from him, he could disguise his hashrate as being owned by 10 pools.

Quote from: Woodie on Today at 09:33:28 AM

This now sounds liked a forked Bitcoin which would make it an altcoin and by the way before a fork happens a consensus has to be reached and not some dictator move to make things happen!

Consensus? Nope! Has anyone asked for your vot e don't he implementation of segwit or taproot?
Show me your voting id!

Quote from: Renampun on Today at 09:08:23 AM

Until now I still can't think and believe that China will be able to control Bitcoin, even 50% of Bitcoin investors, Bitcoin has a strong community and also loyal Diamond Hand, if China wants to control Bitcoin then they must have at least half of the number of Bitcoins in circulation. and this is impossible, how much money do they have to spend, so the percentage of China controlling bitcoin for me is only 1%.

Seriously, you've been around 2017 and you still don't know Bitocin is PoW not PoS?

Quote from: cryptosize on Today at 02:03:30 AM

For starters, they'd need 3 fabs like TSMC (Taiwan) to solely manufacture ASIC chips and nothing else...

Lol, so the whole world stopped producing chips while we built this 600exahash of gear that runs now? Cheesy

TSMC revenue is 70 billions, producing 12 million wafers a year, the needed gear is worth (with other components and retail price) 8 billion, only using their 7nm capacity to produce chips it would take then 2 and a half months to produce that gear, again only for 7nm chips.