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Topic: Would it cost right now to attain 50% of the network? How much? (Read 613 times)

-ck
legendary
Activity: 4088
Merit: 1631
Ruu \o/
What's the purpose of this post? It looks like it's just to increase post count as a sigspammer. It would have been borderline okay since it almost has a purpose, but the fact you're talking about GPUs and FPGAs is the clincher since they're not used for mining bitcoin.
/locked
newbie
Activity: 56
Merit: 0
Let's say you just keep buying FPGAs or GPUs until you have over 50% of the network and can dominate it.

How many millions/billions would it cost right now?

I'm curious just how rich you'd have to be to take over bitcoin.

Could you do it with $10 million as a small business owner?

Could a hedge fund CEO do it with $100 million?

Could Zuckerberg do it with $1 billion?

Could the NSA or DOD do it with $10 billion?

How about the Chinese government?

 Huh Huh Huh
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