Post
Topic
Board Bitcoin Discussion
Re: Proof of stake mining of bicoin
by
Come-from-Beyond
on 27/12/2014, 08:16:10 UTC
To control the majority of hash power, you must put real resources and might still fail due to slow in movement, it is much more difficult than controlling a few stake holders. Imagine that once bitcoin is becoming POS, then top 10 stake holders will immediately enter the watch list of CIA

Money can change ownership much quicker than mining rigs. It's much easier to find a mining farm if you want to control Bitcoin (hint - it consumes a lot of electricity).