Author

Topic: It could be possible to 51% Terracoin with avalon's new ASIC (Read 1911 times)

sr. member
Activity: 434
Merit: 250
You could also do it with GPUs if you wanted. But why waste the time and money?

I am just stating fact. I did not say anyone would do it. All I said was that it was possible.
legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
You could also do it with GPUs if you wanted. But why waste the time and money?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
hero member
Activity: 896
Merit: 532
Former curator of The Bitcoin Museum

HOW DO I TERRACOIN?
hero member
Activity: 700
Merit: 500
I think you're overestimating the significance of Terracoin.

This is what I'm thinking. Until many ASICs have found their ways into people's hands I don't see them being pointed at any altchains that aren't merged mined simply because the opportunity cost of having them not mine BTC.

Now Freicoins... with the controversy and haters they generated I could imagine people might care enough to pop over there every now and then to shut it down.
legendary
Activity: 1554
Merit: 1222
brb keeping up with the Kardashians
I think you're overestimating the significance of Terracoin.
full member
Activity: 238
Merit: 100
I saw the thread about jgarzik getting the first ASIC, and I was thinking. You could 51% a small alt-chain, say TRC, with a few ASICs.

The new Avalon ASIC runs at about 70 Ghash/s (reported by jgarzik).

Terracoin's network hashrate was estimated by crazy_rabbit (Nov 2012) to be running at about 100 Ghash/s

Source: https://bitcointalksearch.org/topic/network-hash-rate-for-terracoin-123720

Two of the new ASICs could 51% terracoin. Watch out.

--

If you have any corrections you would like me to make, please suggest them.

Yes. Use litecoin instead.
sr. member
Activity: 434
Merit: 250
I saw the thread about jgarzik getting the first ASIC, and I was thinking. You could 51% a small alt-chain, say TRC, with a few ASICs.

The new Avalon ASIC runs at about 70 Ghash/s (reported by jgarzik).

Terracoin's network hashrate was estimated by crazy_rabbit (Nov 2012) to be running at about 100 Ghash/s

Source: https://bitcointalksearch.org/topic/network-hash-rate-for-terracoin-123720

Two of the new ASICs could 51% terracoin. Watch out.

--

If you have any corrections you would like me to make, please suggest them.
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