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by Retric
1850 days ago
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No, just a secret block that isn’t broadcast to everyone. 1 block a week is plenty to pull this off and that’s just 1/1,000th of the worlds mining power. Unless you get really unlucky and the block fails to enter the block chain letting someone else gets credit for the transaction. |
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- 144 blocks per day are mined on average
- the current network hashrate is 145M TH/s
- a 100 TH/s rig is about $10k.
The investment to be able to have full control of mining one block on average, without electricity, internet and storage :
- per week: you'd need 143k TH/s (145M / (144 * 7)), so about $14M of investment in just the mining rig (provided you can buy it all)
- per month: you'd need 33k TH/s, so $3M of mining rig investment.
- per year: you'd need 2.7k TH/s, so about $270k in mining rig equipment.
Of course, there are a lot of variables here (e.g hashrate is highly variable), but this gives a general idea.
All this for a "washing" method that heavily implicates the miner: the address of the new coins is still known, it's not really "clean", just an unusual transaction.