Anonymous
ID: 9x4Mh0yH
7/5/2025, 7:56:37 AM No.60583736
>it would cost $20 billion to match current Bitcoin mining rate by buying up ASICs
Why hasn't anyone done it?
Why hasn't anyone done it?
Replies:
Thread 60583736 - /biz/ [Archived: 664 hours ago]
Anonymous
ID: EURvnkzF
7/5/2025, 8:10:17 AM No.60583759
>>60583736 (OP)
Doesn't the difficulty level adjust when the hashrate increases? So adding all that extra mining power to the network will yield proportionately less chance of getting a block reward.
I don't really know that much about crypto, never invested in it, more of a stock guy, maybe someone else might know.
Doesn't the difficulty level adjust when the hashrate increases? So adding all that extra mining power to the network will yield proportionately less chance of getting a block reward.
I don't really know that much about crypto, never invested in it, more of a stock guy, maybe someone else might know.
Anonymous
ID: pxcCPXys
7/5/2025, 8:19:33 AM No.60583780
>>60583736 (OP)
Because youd still have competition from the rest of the miners? If you match it, everyone elses hashrates wont get nullified
Because youd still have competition from the rest of the miners? If you match it, everyone elses hashrates wont get nullified
Anonymous
ID: wLB5ubOg
7/5/2025, 8:45:39 AM No.60583819
51% attack go BRRRRRRRRRRRRRR
just kidding, chinese already did this
you are safe bro
just kidding, chinese already did this
you are safe bro