Topic: Real miners never give up. (Read 441 times)

so are you guys planning to setup new rigs or update existing ones ?

The very one thing that the government hate the most is the progress of its people, lack of freedom will make people surrender and rely on the government but Bitcoin and crypto have changed the lives of millions of people, it brings hope and opportunities too so I expected that the government shouldn't be at good terms with crypto, sigh, I expected more.

Forget the people, neither one of them care about the people. They only care about total control, they want to steal your freedom as much as possible.

What "political reasons"?
Let's look at them.

You think Governments care about the feelings of their Citizens? Well, if they did, we wouldn't have Governments fucking and killing their citizens every day or even trying to ban crypto trading and transactions.

If there is a "political reason" stopping a country from destroying the Bitcoin network, then why are they trying to make several unsuccessful bans each year in the first place?

I mean look at China, an antagonist of the US and one of the biggest superpowers is not happy with Bitcoin but with all the money they have all they could do is just ban mining and trading. Nothing more.
FBI wasn't happy with Bitcoin from its infancy, but still they did nothing to stop the network, why? ... they couldn't.

@Metroid I wish you are the president of the USA, I would have begged you right now to bring it on, try to kill BTC just to prove me wrong, I think this is a faded dream already, BTC is power to the people not the government.

these are what is needed to do that:
- someone has to have a computing tech (where it can't be available to miners(private or company))
- electricity facility/ties to waste

other factors (price related):
- bitcoin diminishing rewards is making BTC ...scarce
- peasants already into BTC a lot already wanted it ...scarce
- non-peasants wanted more BTC ..scarce

scarce that is wanted makes the price increase.. justifying mining whether you mine .01xx that is like around 100$ in the past or .002xx that will becomes 100$ right now



yup new world order is coming with their CBDC's (central bank digital currencies).

if it is the "whole world" order then things will get ugly but if it is only a "few" countries in their "world order", they will probably have not enough time if crypto wins first as money in "digital realm"

exiting times...of course i'll side with crypto for a lot of reasons..you can't be a shitcoiner with CBDC coins LOL 

Who cares if mining pools will support this or not, a 51% attack is a 51% attack, create your pool, turn your asics on and create the hashrate till you hit 51%, remember the more hashrate the less profitable btc is because the more difficulty, so in reality will get a point where others will stop mining because there is no profit and a 51% attack to whoever will be much easier because they can mine at loss, others who are entirely in for profit will stop mining, remember hashrate only increase because it has profit in there, if no profit it will not increase, whoever wants to kill btc dont care about profit.


What do I have to learn from this? I dont get your point but the more difficulty it is the less profit it is, so in turn people will stop mining and that will make things easier for whoever wants that 51% attack. I really dont understand why you trolls think is so hard to do a 51% attack on btc or any other coin, is not, it's easy but for "political reasons" they don't do anything till a new world order is created ehhe and that is not a conspiracy theory eheh, it's the truth. You will do what they want you to do ehhe. The truth is, the same thing goes for political power, if you elect 51% of a party they will control that place, in society the same thing, actually everything in life is like that. Look at the US senate, parties always try to get the majority in the house which is 51% hehe to control it. A new world order just needs 51% of the world population to side with them then destroy the other 49% then gameover your freedom and everything.

I remember when China banned crypto mining, I thought it will affect crypto honestly because China has the biggest hashrate on BTC and ETH but in just a matter of weeks the power was shifted elsewhere, Metroid try to learn from this, BTC mining difficulty is insanely big, this is not a small thing that a country can mess with, they will waste too much of money and power.

This argument makes me remember Monero struggles in 2020 when some powerful entity claimed they will ruin Monero's security network and Privacy, I kinda forget the name lol but later on they let go with zero prove that they actually found a back door or anything.

Have you tried to calculate how many ASICs Intel needs to release in order to perform a 51% attack? Or do you think that mining pools will support a 51% attack and then lose their business?
It's probably cheaper for them to ban bitcoin by law.

Like I said before, for "political" reasons, they are not doing anything to it, not only the US, all countries are in the same both. If political reasons is no more then gameover.

And so most of these companies are now joining the crypto market.
They realized that no matter what, it will proliferate even without their presence.
So if you can't beat them, join them, right?

And I don't think a single government can kill this now, even if it is the USA.
If they can, they may have done that already. But no one can.

Then why are they not killing it?

I mean, Bitcoin has proved a big headache to several Governments and Big corps that we all think have lots of money since it's inception, and yet they have failed to do anything. Why? Because the truth is that they can't do anything right now.

Intel and the USA goverment can kill btc right now, joint operation, intel with the chip and the USA with the work and means, right now the most efficient chip is from Intel, for the USA gov to get to 51% is pretty easy. The easiest way would be to purchase some hashrate and the rest inhouse. There is nothing that the people can do if govs want to kill btc or any other cryptocoin, reason I always say, be extremely cautious, never go full retard.

Judging from previous numbers of crypto bans that took place it shows that some countries are in full supports of BTC while some aren't, few later changed their mind and join BTC but the only way to get rid of BTC is if all humans on the surface of the earth come together and do the same thing, stop investing in BTC, stop mining BTC, direct all your bashing power to one single pool to plan 51% attack, only the people have the power.

Any coin can be killed with a 51% attack, that is why you have to be very careful where you invest your money into, never go full retard and invest 100%, diversifying your portfolio is the most intelligent way to be safe, in case one coin dies, you have others. Can be a mass cryptocoin killing? Yes, but that is possible only if the world has a single power, the globalists for example want to control everything and that is dangerous for cryptocoins in general or any decentralized network.

I agreed, the government now benefits from BTC itself there is no reason to hunt it down but about the 51% attack do you think this is possible? Can the government set up a huge mining network just to kill BTC? It's not going to be possible anymore since its network has already spread around or there is something I don't know.

They can do the 51% attack and kill it if they want however will be very expensive to do but for govs that is cheap. You trolls should be very careful saying btc is untouchable, the truth here is, govs are letting btc to go for now and like I said before since there is not a single power that controls everything yet then why attack it. BTC has become a political material to be used.

Bitcoin has been facing wars since its birth, but look where we are. It just keeps getting stronger and stronger as more people start believing in the movement. There is nothing Governments and mafias can do about its growth.
We have seen propaganda and bans from exchanges to mining, yet it remains unshaken.

BTC is one step ahead of this idea, who is Satoshi Nakamoto? No one knows, the whole power of the government can't hunt down the BTC creator I'm sure Nakamoto saw this coming that's why he vanished and make himself unknown.