Attacker doesn't need to buy/burn any Bitcoin.

Attacker phones up mining pool, asks them how much fiat they would like, transferred into their bank account, in order to fill blocks full of jpegs.

Mining pool names it's price.

Attacker prints fiat and transfers it to miner.

Blocks are churned out either empty, or full of jpegs.

No movement of Bitcoin price.

Network becomes unusable to a large portion of users.

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