When Bitcoin forks go through their own reward halving, a very interesting situation occurs. Bitcoin SV recently had its rewards cut in half, making it very cheap to orchestrate a lengthy 51% attack. There is a very big difference between Bitcoin and the rest of the cryptocurrency industry. Taking Over […]
Tag: 51% Attack
Reddit User Seeks Mining Farm to 51% Attack Bitcoin SV
In general, the cryptocurrency community is a helpful and adult bunch. While some discussions are less than mature, those often get buried on social media when people stop feeding the trolls. One such post, however, is rather disconcerting. A Reddit user is actively looking for a mining farm to successfully […]
Ethereum Classic Developers Attempt to Resolve Recent 51% Attack
Not a day goes by in the cryptocurrency world without a good amount of drama. At times, it feels as if this industry simply can’t catch a break to recoup losses sustained throughout 2018. The latest incident comes in the form of Ethereum Classic suffering from an alleged 51% attack on […]
AurumCoin Claims Cryptopia Refutes a 51% Attack Resulting in Lost Funds
There are some serious allegations in the cryptocurrency world. Dirt slinging has, unfortunately become all too common. Even so, every single bit of potentially disastrous news needs to be taken into account at all times. The AurumCoin team claims the Cryptopia exchange will not confirm a 51% attack against the […]
Einsteinium Staves off Impending 51% Attack by Renting Extra Hashrate
It is always troublesome when cryptocurrencies deal with a looming network attack. Small-cap coins are often targeted in 51% attacks, and Einsteinium could have easily been next. After all, this attack was announced a few days ago, which seemingly gave the EMC2 team plenty of time to prepare. The EMC2 […]
Reddit User Will Livestream 51% Attack Against Einsteinium on Twitch
In the world of cryptocurrencies, there is a major threat known as the 51% attack. Numerous currencies have suffered from such attacks, and the year 2018 has been no different in this regard. It now seems one particular user is intent on attacking Einsteinium next week. The event will be […]
Top 6 51% Attacks Affecting Cryptocurrencies in 2018
The cryptocurrency industry is under threat from a lot of different angles. One of the biggest potential problems is to so-called 51% attack, which can disrupt networks in very quick succession. The year 2018 has been quite successful in this regard, as no less than seven 51% attacks have been […]