If North Korean government started mining...

Sonny

hero member

Activity: 868

Merit: 1000

Quote from: Tirapon on January 24, 2014, 11:00:24 AM

Quote from: Cheesus on January 23, 2014, 04:04:12 AM

Quote from: Tirapon on January 22, 2014, 02:09:31 PM

North Korea have in fact taken control of Bitcoin in a joint effort with Russia

Jesus, I guess Europe have to join forces with USA to be able to withhold such attack Cheesy

Looks like the U.S. are gearing up to thwart the attack:

https://blockchain.info/address/1KimJongLDTFUT6hUru9jDGkQswcg7dWpB

literally lol with all those public notes on blockchain.info Grin

Bitcoins101

hero member

Activity: 924

Merit: 509

Knowing North Korea, they'd probably force their citizens to solve the blocks with pen and paper.

Tirapon

hero member

Activity: 898

Merit: 1000

Quote from: Cheesus on January 23, 2014, 04:04:12 AM

Quote from: Tirapon on January 22, 2014, 02:09:31 PM

North Korea have in fact taken control of Bitcoin in a joint effort with Russia

Jesus, I guess Europe have to join forces with USA to be able to withhold such attack Cheesy

Looks like the U.S. are gearing up to thwart the attack:

https://blockchain.info/address/1KimJongLDTFUT6hUru9jDGkQswcg7dWpB

Cheesus

sr. member

Activity: 692

Merit: 254

terra-credit.com

Quote from: Tirapon on January 22, 2014, 02:09:31 PM

North Korea have in fact taken control of Bitcoin in a joint effort with Russia

Jesus, I guess Europe have to join forces with USA to be able to withhold such attack Cheesy

Tirapon

hero member

Activity: 898

Merit: 1000

North Korea have in fact taken control of Bitcoin in a joint effort with Russia

stunbox

newbie

Activity: 2

Merit: 0

I would be more afraid of china getting pissed off that the bitcoin thing is still happening even though they said "NO!" If they decided to raid some plants, that could suck.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Dennis Rodman powered asics Cheesy

rext

full member

Activity: 378

Merit: 100

you mean nuclear powered asics? Cheesy

k3dlg

newbie

Activity: 6

Merit: 0

Hotel is civilian , attack like 51% would be done by the military....... well what they are calling a military. Is it possible? Huh

I think you have a better chance of seeing the us congress and senate thrown out and starting over.

just a thought.

73

spl

newbie

Activity: 6

Merit: 0

They haven't finished the construction of a hotel that they started over 20 years ago... Roll Eyes

mgio

hero member

Activity: 546

Merit: 500

Quote from: rammy2k2 on December 25, 2013, 02:56:04 PM

this is a childish topic .. get back to real world people

exactly, why would do they do this? to piss off a bunch of nerds in the us and china?

rammy2k2

legendary

Activity: 1974

Merit: 1003

this is a childish topic .. get back to real world people

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: jamesc760 on December 25, 2013, 01:37:30 PM

They're such a nefarious bunch of thugs that they will mount a 51% attack and corner the market on bitcoins in no time. We'd better hope and pray that they never catch on to us.

how exactly would they get the computational power to 51% attack bitcoin ?
the chances of north korea overpowering the worldwide btc network would be somewhere
between slim and none imo

jamesc760

sr. member

Activity: 448

Merit: 250

They're such a nefarious bunch of thugs that they will mount a 51% attack and corner the market on bitcoins in no time. We'd better hope and pray that they never catch on to us.

crocko

hero member

Activity: 826

Merit: 1000

'All that glitters is not gold'

Quote from: jamesc760 on December 23, 2013, 08:16:56 AM

they could potentially become a force. Instead of building nuclear missiles, they need to get into mining bitcoins. They are already the biggest counterfeiter of US dollars, what more lucrative than btc mining for them? China's right next door, NK can easily buy up Asicminer's 3rd gen miners. The government controls electricity which comes from hydro dams--but they do have problems with generating electricity. However, it's a cold country, near Siberia. Man, someone send a message to Dennis Rodman so he can alert the Dear Leader to this once-in-a-life-time opportunity!!!

IF...

PBmining

sr. member

Activity: 378

Merit: 250

Regular satellite image..

"The 3.2 million residents of Pyongyang receive only 1-3 hours of electricity per day"

And as far as I know, Pyongyang is the only place in North Korea with any civilian electricity.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: ?? on ??

At least if they started Bitcoin mining, you might be able to see North Korea at night!

is this a thermal image or is there no lights in north korea lol

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

Quote from: Phantomic on December 23, 2013, 05:17:15 PM

We first need a store to buy nuclear weapons with bitcoin before North Korea can adopt it

open a website selling weapons grade platunionium that only accepts btc and just wait for them to come Cheesy

Phantomic

jr. member

Activity: 33

Merit: 10

We first need a store to buy nuclear weapons with bitcoin before North Korea can adopt it

Sniperdude

newbie

Activity: 56

Merit: 0

North Korea just sent south Korea a fax, do you think they have the capability of internet and mining?

Topic: If North Korean government started mining... (Read 2604 times)