3 ms·
Probably enough to do a 51% attack on the bitcoin network and convert all bitcoins to amazon coins
by noloblo 9y ago
Probably enough to do a 51% attack on the bitcoin network and convert all bitcoins to amazon coins
- Frogolocalypse 9y agoDo you have any figures to back that up? My assumption would be that all of amazon would be a drop in the bucket for bitcoin mining. Their hardware isn't designed for SHA-256 hashing, so unless they had dedicated ASIC's my assumption is that they wouldn't even be close. Be interesting to find out for sure if someone knows though. Just as an aside, even if you had 100% of mining you couldn't spend peoples coins. You could stop people spending their coins, but miners can't modify existing transactions, just not include new transactions in blocks they mine.