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by lmpostor 2474 days ago
94EH and close to 50TH for top of the line equipment.

Even if we were extremely generous would be a billion in hardware at the very least (I am assuming $500 manufacturing cost)

1 comments

The Market Cap of Bitcoin is $184,000,000,000

Theoretically, I can spend that much to make it's value go to $0. (yes, there are liquidity and other concerns, but you get the point)

No, you couldn't because you'd need to borrow the entire float, which is impossible, practically and theoretically.