Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco

in parley-bitcoin •  6 years ago 


View on Parley


What is Parley?


Parley is a Steem-based Reddit competitor that allows users to submit links and curate news they find around the web in order to promote discussion on the Steem platform. Read more

parley-bitcoin bitcoin parley
6 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.14
  • Past Payouts $0.14
  • - Author $0.11
  • - Curators $0.04
7 votes
2
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  • Trending
    • [-]
      ·  6 years ago 

    This is a very interesting article and complex to get my head around it, but one thing I was able to grab is the hig security of Bitcoin.
    But what if governments unite to build the 51% possibilty attack?

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.02
    • Past Payouts $0.02
    • - Author $0.01
    • - Curators $0.00
    1 vote
    [-]
      ·  6 years ago 

    I don't believe is worth it, they need to buy the mining equipment upfront, install them and spend on electricity!

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00