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Mining difficulty adjusts automatically. There is a price at which Bitcoin is no longer secure from the entity willing to spend the most money to 51% attack it
by petertodd 4y ago
Mining difficulty adjusts automatically.
There is a price at which Bitcoin is no longer secure from the entity willing to spend the most money to 51% attack it. But there's no good way to know how big that threat is. Most likely Bitcoin has a significant safety margin there (I'd take a rough guess at >100x).