3 ms·
If you figure out how to hash 1000x more efficiently than other people and put that into practice without sharing your knowledge then you can cheaply get and ma
by cbr 10y ago
If you figure out how to hash 1000x more efficiently than other people and put that into practice without sharing your knowledge then you can cheaply get and maintain a hashpower supermajority.
(I'm not saying this is likely, just more likely than finding a large gold asteroid.)
- ikeboy 10y agoPeople will notice soon enough, and they'll switch to a different algorithm. It takes time for the difficulty to go up, it only resets every 2016 blocks and is limited.