Practically a 51% attack on #Bitcoin is unlikely.
Theoretically speaking at present:
1 hour Attack Cost on #Bitcoin : $1,247,087
#nostr #plebchain
Practically a 51% attack on #Bitcoin is unlikely.
Theoretically speaking at present:
1 hour Attack Cost on #Bitcoin : $1,247,087
#nostr #plebchain
Not only it's unlikely, it would also be completely pointless. All you get to do, even if you succeed in performing a 51% attack is that you get to do A SINGLE DOUBLE-SPEND - congratulations, you've just moved an inch closer to #hyperinflation (#hyperbitcoinization) and achieved nothing.
That amount doesn’t sound like a lot, especially for a bad actor with deep pockets.