Top Tweets for #MiningPoolChinaAttackVector
looks like #Bitcoin mining in China is gone for good 🔥😱 but at least we don’t have to worry about #MiningPoolChinaAttackVector anymore, right? 😅 expect to have more wild volatility in #BTC price as miners find new locations to suck ludicrous amounts of electricity from 🔥🤷🏻♂️⚡️
1) Sentiment is obviously quite dreary and the reality is setting in that it’s GG for mining in China. Some mining friends have stuck around Sichuan since the Bitmain conference to drink their sorrows away. Now… 酒都不想喝了 - “not even in the mood to drink anymore”
👇👇
i guess this is good news. at least we don’t have to worry about #MiningPoolChinaAttackVector anymore, right? ⚡️🤷🏻♂️🔥🇨🇳 #Bitcoin #ESG @galgitron
Many Chinese miners are reposting this video, and some of them are crying. The 24-hour average hashrate has fallen below 110E. https://t.co/3B30CljIac
wait. wut? did @nic_carter just admitted that #MiningPoolChinaAttackVector was a possibility until China banned #Bitcoin mining? 🤔this idea was brushed off by BTC Maxis & even @APompliano denied it could happen. i’m so shocked 🤣 #cognitivedissonance #NarrativeWatch #ESG
@wholemars you mean Elon originally forgot about the dominance of #Bitcoin mining pools? 😅 #MiningPoolChinaAttackVector
@wholemars they don’t need to mandate all miners. that’s too much work. it’s a lot easier to sequester & control mining pools 🔥🤷🏻♂️🍿
#MiningPoolChinaAttackVector
https://t.co/RlpAqSpEql
next thing you know Elon will also realize that #Bitcoin is not that decentralized 🔥🤷🏻♂️👇 #MiningPoolChinaAttackVector #ESG @elonmusk @wholemars @28delayslater @RationalEtienne
time for me to rehash this again coz no Bitcoiner has convincingly addressed this issue other than dismissing it as FUD 🔥🙄🇨🇳 #ESG #MiningPoolChinaAttackVector The Looming Threat of China: An Analysis of Chinese Influence on #Bitcoin
https://t.co/TzeDrML2RH
@RationalEtienne few understand this thought experiment 😎👇 #Bitcoin #ESG #MiningPoolChinaAttackVector @galgitron https://t.co/RlpAqSpEql
#Bitcoin is so decentralized it craps out when China turns off the power switch 🤷🏻♂️ heck, China doesn’t even have to do a 51% attack 🔥🤷🏻♂️⚡️ #ESG #MiningPoolChinaAttackVector
To further reinforce this, it appears the recent #bitcoin hash rate drop was a result of Chinese gov ordering power shutdowns in the region, not any natural cause: https://t.co/Xi0YHcskXy
i’m shocked 🙄 and Bitcoiners just laughed & dismissed my #MiningPoolChinaAttackVector hashtag 🔥🤷🏻♂️⚡️ China #bitcoin #ESG
The harsh reality is China could shut down 90% of #Bitcoin miners tomorrow as they roll out their new gold backed DC to supplant USD as reserve currency. Combined w/ the diff bug this would freeze $BTC chain for months & effectively kill it off. The CCP has Bitcoin by the balls.
if China demonstrates that it can perform a double spend & other attacks on #Bitcoin, the solution that Bitcoiners will endorse is for the U.S. to ramp up mining to overtake China’s hash power, clean energy be damned 🔥🤷🏻♂️⚡️ #ESG #MiningPoolChinaAttackVector
@skwp @DigiEconomist ok. so how about this actual academic research? 🔥🤷🏻♂️🍿 #MiningPoolChinaAttackVector
@leoncfu @HankL9 #Bitcoin still too small for China to care. but if majority of mining hash power remains in China and Bitcoin becomes big enough, then #MiningPoolChinaAttackVector becomes plausible 🔥😎 🇨🇳
@skwp @DigiEconomist ok. so how about this actual academic research? 🔥🤷🏻♂️🍿 #MiningPoolChinaAttackVector
WHAT’S THE END GAME FOR BITCOIN? good question!
my theory: the LOGICAL CONCLUSION of #Bitcoin becoming global reserve currency is NATION STATES becoming MINING POOLS 🔥🤷🏻♂️⚡️ then sooner or later we’ll have to deal with #MiningPoolChinaAttackVector and #ESG🔥🥶🌱
@fiege_max Meanwhile Bitcoin’s short term security has never really been tested to any significant degree. Large pockets of centralization across the mining supply chain have created multiple weak spots. Nobody taking advantage of that (so far) doesn’t mean the network is “safe”.
@VinceFHorn Bitcoiners don’t want to talk about inconvenient truths 🔥🤷🏻♂️🇨🇳 #MiningPoolChinaAttackVector
i find it hilarious that a @Cointelegraph article can tank the market cap of #Bitcoin by more than 10% and drag the entire crypto market along with it. wait till China mining pools attempt a real double spend attack 🔥🤷🏻♂️ #sToReOfVaLuE #MiningPoolChinaAttackVector
@heydave7 @nic_carter please ask @nic_carter about #MiningPoolChinaAttackVector. i’m sure he’ll just hand-wave it. but it would be good to get his answer on record on YouTube 😎 @galgitron #Bitcoin
***FUNNY CLIP***
Brad’s reaction on Anthony Pompliano not thinking that CCP could have control over Bitcoin miners in China
@heydave7 @ARKInvest @yassineARK ask about #Bitcoin #MiningPoolChinaAttackVector and ~75 TWh /yr energy usage 🤷🏻♂️
wait. wut? 😅 “Those two digital assets are the Chinese-controlled bitcoin and ether.” 🔥🤷🏻♂️🇨🇳 #Bitcoin #Ethereum #MiningPoolChinaAttackVector
“Trump Administration Concerned SEC Dragging Its Feet on Digital Currency as China Races Ahead”
https://t.co/BoADO0atMn
@heydave7 #Bitcoin is not anonymous, it’s pseudonymous. but people can use mixers for more anonymity. Bitcoin can’t be completely stopped by govts but it can be handicapped via on/off ramps & exchanges. China can also screw it for everyone. #MiningPoolChinaAttackVector
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