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Not necessarily. If the market is large enough and you control a significant portion of the hashing power (e.g. pool operators), you could bet below and then ha
by benmanns 13y ago
Not necessarily. If the market is large enough and you control a significant portion of the hashing power (e.g. pool operators), you could bet below and then halt all hashing for the checking period. You would potentially lose a block, but would offset that by gaining more than 25 BTC in bets.
- MichaelGG 13y agoIt's a daily bet on a weighted 12 hour average. So you'd probably need to lose much more than a block.