Post
Topic
Board Mining speculation
Re: What if a large number of miners were suddenly forced to shut down?
by
BitmoreCoin
on 02/12/2014, 15:14:03 UTC
Bitcoin price would crash badly as it is easy for 51% attack.

Yes, I do it twice before breakfast every morning  Roll Eyes


Edit: Holy crap that's a senior member, how the hell are you around here this long and not even get a clue by osmosis.

It is actually true that one mining entity has over 45% mining power several times in history. If the community does not advocate the miners to leave that entity, it will be over 51%.