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Topic: Bitcoin Bloodshed Lower Hashrate (Read 57 times)

jr. member
Activity: 47
Merit: 2
April 24, 2023, 08:51:51 AM
#8

  yes gold and usd are both physical liquidity and can be fought for. But why fight over digital asset, when you should be looking out for ways to increase your hash rates.and mining profits.

bombing rival miners is a way to increase your reward % and mining profits. It is and as time goes on be even cheaper to do. They don't even need to get the person just the miners that are normally in one place.
sr. member
Activity: 336
Merit: 365
The Alliance Of Bitcointalk Translators - ENG>PID
April 24, 2023, 08:46:40 AM
#7
They may have that "hashrate advantage" for a brief period until the next adjustment but there will be new miners that would still emerge around the world and they cannot stop that from happening so it's like a waste of resources.

Obviously, with what the op is suggesting, one will have to continue blowing up all new emerging miners just to increase his hashrate. Don't you think that this would be completely out of sence?Competing with a fellow miner is a norms as every miner would want to increase their mining profits. But I don't think it would be necessary to start a fight just so you can earn more. Why not get a more powerful mining hardware instead of stressing your self out.



What would be a way to prevent miners from killing other miners? It happens with gold, USD, etc etc.

Even if they do not get your coins when they kill you because of your password that is coins out of the system that makes their coins worth more.

  yes gold and usd are both physical liquidity and can be fought for. But why fight over digital asset, when you should be looking out for ways to increase your hash rates.and mining profits.
jr. member
Activity: 47
Merit: 2
April 24, 2023, 08:45:41 AM
#6
What would be a way to prevent miners from killing other miners? It happens with gold, USD, etc etc.

How many data centers have you seen being bombed by competitors in the US or EU?
You can't look at wars in Africa over mines or drug cartels wagering war in Mexico and think this will happen everywhere!

Just because there are people killing each other for gold mining in some 3rd world country doesn't mean:
- those people won't kill others for anything else, be it cattle, a motorcycle or some cash
- this will happen all over the world

And have we cured ALS yet or are we still using hashrate on mining currency over medical problems.

And we haven't found a  solution for hiccups and we still use a ton of energy to power water fountains.
Let's solve that first and then argue what medical advance will happen if we shut down all miners, which I dare to estimate at around 0 point 0!  Wink

Ananias and Sapphira were killed because of their hoard of currency.

And Icarus died because he used beeswax instead of gorilla glue!

First of all we are all on the same world, it is called earth there is no 3rd world that we inhabit yet, but you are right like I said currency problem in general.
As for the hiccups holding your breath works no need for power besides the power humans make naturally.

As for Icarus LMFAO  Grin
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
April 24, 2023, 08:16:30 AM
#5
What would be a way to prevent miners from killing other miners? It happens with gold, USD, etc etc.

How many data centers have you seen being bombed by competitors in the US or EU?
You can't look at wars in Africa over mines or drug cartels wagering war in Mexico and think this will happen everywhere!

Just because there are people killing each other for gold mining in some 3rd world country doesn't mean:
- those people won't kill others for anything else, be it cattle, a motorcycle or some cash
- this will happen all over the world

And have we cured ALS yet or are we still using hashrate on mining currency over medical problems.

And we haven't found a  solution for hiccups and we still use a ton of energy to power water fountains.
Let's solve that first and then argue what medical advance will happen if we shut down all miners, which I dare to estimate at around 0 point 0!  Wink

Ananias and Sapphira were killed because of their hoard of currency.

And Icarus died because he used beeswax instead of gorilla glue!
jr. member
Activity: 47
Merit: 2
April 24, 2023, 08:02:27 AM
#4
It's a crazy thought. I don't see why a competitor miner would do that since there is also no guarantee that they would mine more BTC if they do that. They may have that "hashrate advantage" for a brief period until the next adjustment but there will be new miners that would still emerge around the world and they cannot stop that from happening so it's like a waste of resources.

If you take out a pool hoster your % to mine more will be higher. It is not a guarantee but it increases your odds to win the lottery. In the future it will be cheaper to blow up miners than to buy miners, it already is.
sr. member
Activity: 1554
Merit: 413
April 24, 2023, 07:54:15 AM
#3
It's a crazy thought. I don't see why a competitor miner would do that since there is also no guarantee that they would mine more BTC if they do that. They may have that "hashrate advantage" for a brief period until the next adjustment but there will be new miners that would still emerge around the world and they cannot stop that from happening so it's like a waste of resources.
jr. member
Activity: 47
Merit: 2
April 24, 2023, 07:48:12 AM
#2
I believe the only way is to not use currency like JESUS WANTED!

You cannot serve money and God.

"Sell thou what you have and come follow me"

Also verified in the story of Ananias_and_Sapphira

Ananias and Sapphira were killed because of their hoard of currency.
jr. member
Activity: 47
Merit: 2
April 24, 2023, 07:38:45 AM
#1
Is anyone worried that in the future miners will bomb rival miner operations to lower the competitions hashrate to make their hashrate worth more?
Granted this is a currency problem in general.

I seen to many deaths because of $.

What would be a way to prevent miners from killing other miners? It happens with gold, USD, etc etc.

Even if they do not get your coins when they kill you because of your password that is coins out of the system that makes their coins worth more.

And have we cured ALS yet or are we still using hashrate on mining currency over medical problems.

https://www.independent.co.uk/tech/bitcoin-robbery-torture-cryptocurrency-netherlands-a8807986.html
https://futurism.com/robbers-tortured-man-drill-steal-cryptocurrency
https://ca.finance.yahoo.com/news/gun-wielding-crooks-torture-crypto-143143087.html
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