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> The cost of the attack would far exceed ~80k USD in bitcoin block rewards because it requires a substantial amount of hashing power to have a realistic chance
by CVE-2018-17144 8y ago
> The cost of the attack would far exceed ~80k USD in bitcoin block rewards because it requires a substantial amount of hashing power to have a realistic chance of successfully producing a block that reaches consensus and is added to the canonical chain.
No, the cost is simply $80k on average to find a block, or around $5k for BCash. If the cost to produce a block exceeded its value substantially, it would be on a whole unprofitable for Bitcoin miners to continue existing at this point in time (network difficulty, bitcoin price).
- HashBasher 8y ago$80k on average regardless of hashpower? Then it would be a total cost of ~$160k with the loss of potential revenue.
- lawn 8y ago> BCash It's Bitcoin Cash. https://medium.com/@jonaldfyookball/why-some-people-call-bitcoin-cash-bcash-this-will-be-shocking-to-new-readers-956558da12fb https://medium.com/@jonaldfyookball/why-some-people-call-bit...