Thread: Bitcoin Math
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Old 09-17-2012, 11:00 AM  
rowan
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Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by woj View Post
what's the point of selling equipment like that? isn't it easier for them to just mine coins directly?
There's some discussion of what could happen if any one person gets a majority share of the network, and why they're not doing it. Seems you can "double spend" a mined BTC if you have enough power.

http://news.ycombinator.com/item?id=4120271
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