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Topic: And if half of the miners turn off their hardwares ? - page 3. (Read 2985 times)

sr. member
Activity: 364
Merit: 253
That'd be great why not turn off 90% of the miners? Roll Eyes
sr. member
Activity: 370
Merit: 250
It's hard to imagine this scenario.

Displacing this many miners on the network/getting that many to corroborate is unlikely.

The difficulty would still remain at X until readjustment so it's not like the remaining miners would profit that quickly and this would just increase the amount of time the other miners would have to be down.
staff
Activity: 4284
Merit: 8808
No doubt the perpetrators of this "attack" can expect much riches. I recommend they commence immediately.
sr. member
Activity: 366
Merit: 250
Avage block time would be 20 minutes for a few weeks, then back to normal.

This, then our difficulty would be half and everyone would celebrate.
legendary
Activity: 1260
Merit: 1000
Drunk Posts
Avage block time would be 20 minutes for a few weeks, then back to normal.
hero member
Activity: 882
Merit: 1000
It's got electrolytes
Inverted 50% attack. And if half of the miners turn off their hardwares ?

Anyone could please explain the consequences of an attack like this ? (Intentionally made, of course).

I can imagine an never finalized next block.

I understand the inner workings of the Bitcoin network, and I think that an attack like this could be feasible at this time, with the increasing development of ASICs.

*** Sorry if the english is not perfect, i use the google translator.

Thanks.
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