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hard to say, because attempting to cash in on your new-found SHA-256 exploit by mining a ton of blocks could quickly tip off others and tank the price of Bitcoi
by onion2k 5y ago
hard to say, because attempting to cash in on your new-found SHA-256 exploit by mining a ton of blocks could quickly tip off others and tank the price of Bitcoin
So short BTC rather than invest in it, and then do it.
Besides, there are plenty of people who would tank BTC just for fun, or to prove its bad somehow, or just to annoy the Winklevoss twins...
- bowmessage 5y agoGood point, but there could be even more money in calmly 'mining' away at a realistic rate. Definitely more excitement in upsetting some major stakeholders, though.
- 0des 5y agoBut the issue is we know who the main top 6 miners are, and they're all known farms and pools. We know that's not true otherwise there would be some little guy with giga hashrate suspiciously still mining blocks. It wouldn't be hard to spot from a mile away.