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Perhaps you could inflict more mayhem by shutting down the miners under your control for two weeks, waiting for the difficulty to drop, and then undoing all tra
by AlexCoventry 9y ago
Perhaps you could inflict more mayhem by shutting down the miners under your control for two weeks, waiting for the difficulty to drop, and then undoing all transactions from the prior month.
- w-ll 9y ago1728 Bitcoin are minted a day right now (next halving in 2020 ), lets say you have 50% mining so ~900 btc a day. Thats ~4.5M at a 5k BTC. Sure you double the transaction confirmation time but the transactions won't be undone. You might have a chance to mine blocks twice as quick after the difficulty adjusts, but still no long term effects.