OMG OMG 51% attack?!?! 88.208.1.24

[DeathAndTaxes]

Funny that people have no idea what a 51% attack is.

IF a 51% attack occurs you will see no increase in hashing power.
If a 51% attack occurs the attacker will generate 100% of block.
If a 51% attack occurs there will be a long (at least 6 block) reorganization.
If a 51% attack occurs the new chain will replace transactions of an existing chain.

51% = boogeyman for clueless Bitcoiners.
Bad crop harvest = must be the 51% attack.
Bitter winter lasting longer than normal = must be the 51% attack.
Downpour on the eve of a battle = must be the 51% attack.
The king has no sons and five daughters = must be the 51% attack.

[ronimacarroni]

welp, glad I'm not a miner
Anyways this 51% attack business sounds kind of scary even if its not for reals

[jackjack]

Funny that people have no idea what a 51% attack is.

IF a 51% attack occurs you will see no increase in hashing power.
If a 51% attack occurs the attacker will generate 100% of block.
If a 51% attack occurs there will be a long (at least 6 block) reorganization.
If a 51% attack occurs the new chain will replace transactions of an existing chain.

51% = boogeyman for clueless Bitcoiners.
Bad crop harvest = must be the 51% attack.
Bitter winter lasting longer than normal = must be the 51% attack.
Downpour on the eve of a battle = must be the 51% attack.
The king has no sons and five daughters = must be the 51% attack.

Thank you... My thoughts exactly.
It was funny months ago. Now it's irritating.

[satriani]

51% isnt real. someone should have factory of ASIC

[monbux]

It is CIA starting 51% attack.

It is their new data center in Ashburn, VA, near Langley, VA.

http://cqcounter.com/whois/?query=88.208.1.24&map=1#map_geo_location

Could this be the end of bitcoin?  Lol too dramatic, but when the CIA takes over...

doubt they could do a 51% attack though, could they?

[g83]

Must be josh who plugged in all the undelivered orders 

[ronimacarroni]

It is CIA starting 51% attack.

It is their new data center in Ashburn, VA, near Langley, VA.

http://cqcounter.com/whois/?query=88.208.1.24&map=1#map_geo_location

Could this be the end of bitcoin?  Lol too dramatic, but when the CIA takes over...

doubt they could do a 51% attack though, could they?

The government could do anything
Heck they created the encryption standard that bitcoin uses
They're not persecuting bitcoins or anything though
Otherwise coinbase wouldn't be open for business

[monbux]

Must be josh who plugged in all the undelivered orders 

hahahahahahhahaha, good one

[FanBitCoins]

Must be josh who plugged in all the undelivered orders 

Made me laugh! 

[nino_11]

Maybe it's the NSA (for
special needs)

 Virginia is mush less populous state that the state of Maryland (72/Km2 -- 180/Km2) , is tree times larger than the Maryland.  It's likely that's their agents responsible for operations are based in virginia.

[crazynoggin]

Not a 51% attack, just someone with a lot of mining power. Although it is a bit scary that someone can have that amount of power. Just goes to show, with enough money, not even Bitcoin is 100% safe.

[r3wt]

Not a 51% attack, just someone with a lot of mining power. Although it is a bit scary that someone can have that amount of power. Just goes to show, with enough money, not even Bitcoin is 100% safe.

actually, with the current size of the network, it requires far greater than 51% to attack. you realize, this means to successfully attack it would take like 500 th+

[Galahad]

Is it true that going forwards the 51% attack won't exactly go away? You would think it would get harder but surely not if the number of miners stays static? It would just require someone to have a large percentage of currently powerful hardware. Is this understanding right?

[b!z]

Is it true that going forwards the 51% attack won't exactly go away? You would think it would get harder but surely not if the number of miners stays static? It would just require someone to have a large percentage of currently powerful hardware. Is this understanding right?

it's not an attack, read deathandtaxes post

[Galahad]

it's not an attack, read deathandtaxes post

He called it an attack!

[Singlebyte]

it's not an attack, read deathandtaxes post

He called it an attack!

I am not sure what post you are reading??  The above posts does not say its an attack.  In fact it is just a large pool.

[millsdmb]

we must stop 88.208.1.24 na0. IMMA CHARGIN MAH LAZER

[Mooshire]

I'm pretty sure it's ghash.io

[spooderman]

whoever this is is rivaling btcguild

[optimator]

whoever this is is rivaling btcguild

Based on hash rate or the recent blocks found?

If it's hash rate where do you find that info?