Post
Topic
Board Speculation
Re: We're not going anywhere, until the 51% question is answered
by
Raystonn
on 11/06/2014, 06:44:03 UTC
GHash generated 7 of 12 blocks since 0:00 UTC today. It means 58%.

I guess they better start double spending then!! I mean, this would be the time. Right? Right.

The attack is about having >50% of the hashrate, not necessarily the generated blocks.  Block generation is completely random.  It's very possible for 1 person to generate 100 blocks in a minute.  Very improbable, but completely possible.  It's the hashrate that's important.