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RE: Bitcoin is still very expensive to attack- 51% attack

in #bitcoin5 years ago (edited)

All of this news is unsettling though as smaller projects like Bitcoin Private, Siacoin, and Paccoin are all less than $20 per hour to attack

Not true for SiaCoin as the ONLY ASICs developed are from the Obelisk / Nebulous labs devs and there was a very limited quality produced which are distributed among many pools such as Luxor.

I own a batch one SC1 and people are currently resaling them for about $4500 . This site furthermore says $0.00 so where did you get your information?

Please, correct your article unless you can substantiate your claim, @the4thmuskateer.

Also, SiaCoin is no longer mineable via GPU since the hard fork to remove Bitmain and Innosillicon ASICs as there was a concern about 51% attack susceptibility. Devs are vigilant and SC has a bright future.

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