| submitted by /u/ABrandsen
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Computing power of top 500 supercomputers combined: 672 Petaflops using 475 Megawatts
Bitcoin network: 2662 PH/s = 33,807,400 Petaflops using about 266 Megawatt (at 13TH/s using 1.3kW)
Throw this in the face to people who say bitcoin is backed by nothing!
Bitcoin has created a vast mining sector within the network's economy that is growing exponentially. Mining bitcoin has spread the technology towards …
Google Alert – bitcoin
Can I know ,how much currently mining pool ,spend to mining 1 BTC ?
Is it plausible for some kind of anonymous organization having huge computational resources to attack on block chain by re-building entire block chain within the time frame of next block to be published and gain control over the currency.