Post
Topic
Board Development & Technical Discussion
Re: Taking Down Bitcoin
by
zebedee
on 08/06/2014, 13:30:44 UTC
3. Use the mined profits and/or more taxpayer's money to purchase more mining hardware.
4. Repeating steps 2 and 3 until you get 99% of the hashing power under your control.
5. Realise that the other 75% of miners are already doing exactly that so you're not getting anywhere.
6. Give up.
Lol, the gaping hole in the argument pointed out so eloquently.