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overthrow | 2 years ago
Look under "NiceHash-able", if the number is less than 100% it means (to an approximation) not enough idle hardware exists on the planet to perform an attack. This means any attack must start with a manufacturing project that must stay secret for a decade+, then outpace growth and eventually surpass the capacity of the private sector. And then you need the energy to actually run the chips - no country would ever consider diverting that much energy away from their population.
If it were possible to compromise a $xxx billion dollar system, with only $x million, don't you think it would have been done by now? Maybe even by some bored billionaire just for fun?
And trust me, I don't think posting in a dead HN thread will speed up or slow down crypto's success in any way, lmao. I just enjoy the banter.
mjburgess|2 years ago
Also, all these "market cap" numbers are made up. These are heavily manipulated markets. There are about 100k users, and almost no buyers -- this stuff is trivial to bring down.
It's a scam.
overthrow|2 years ago
Look how hard some governments have tried to stop this movement, and none have succeeded. That's real life evidence that they simply aren't capable.
I think this cloud will outlast the old men yelling at it.
Also: I hope one day someone calls my company a failure because it "only" has hundreds of thousands of users