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by exdsq 2335 days ago
There's no way I believe $705k would work. The company they're pricing that off of don't have the computational ability to run a 51% attack. I'd be interested to know how the entire power of the bitcoin network compares to say AWS or Azure?
1 comments

AWS and Azure would be using CPUs, GPUs, and FPGAs, which have nowhere near the sort of speeds as dedicated hardware. It's something in the order of a trillion desktop CPUs to equal the same hashrate as the bitcoin network is currently.