You are viewing a single comment's thread from:

RE: Bcash Is Extremely Vulnerable For An 51% Attack - Attacker Will Make Huge Gains

in #bitcoin6 years ago

Hmmzz these numbers are very different from the ones I found a few days ago. I don't think they are accurate? It would be too cheap if I follow those numbers on the website you mention. It mentions costs on Bitcoin would be only half a million for an hour, while in practice it is more $100 million per hour...

Let's figure this out, I am curious about the actual costs, maybe it is somewhere in the middle :-)

https://steemit.com/cryptocurrency/@cryptotem/how-expensive-is-it-to-take-over-the-pow-network-of-bitcoin-ethereum-or-monero-why-we-might-see-more-51-attacks-in-the-future

Sort:  

It seems correct: one hour 51% attack will make you allocate resources that otherwise would mine 6 blocks. 6 x 12.5 x 7500 = 562,500 dollar

But of course this is only the power, it will be extremely hard to set up the hardware

Coin Marketplace

STEEM 0.19
TRX 0.16
JST 0.030
BTC 67838.57
ETH 2628.40
USDT 1.00
SBD 2.72