Post
Topic
Board Mining speculation
Re: What if a large number of miners were suddenly forced to shut down?
by
Soros Shorts
on 27/11/2014, 13:47:59 UTC


So you are saying there is an equivalent of 95% of todays hashingpower somewhere in a warehouse just waiting for this to happen?
Nope, im saying if mining would be 95% easier new miners would pop quicker than you can think of Smiley

True, I suspect that as well. I however doubt that it would be enough to reach "100%" again.

If it would be "easy" to gather as much hashingpower as currently is around a 51% attack would be "easy" as well. I doubt recovery would be a matter of days, weeks or even months are more likely.
I can live with 20 minute confirmation times, so recovery to 50% is good enough for me.