Here is how Bitcoin can be destroyed

Here is how Bitcoin can be destroyed Currently, the Bitcoin network has a total hashing power of about 5.7 Exahash per second. That’s 5.7 x 1018 Hashes every second. The latest model of a modern Bitcoin miner, like the Antminer S9, produces about 14 Terrahash per second, or 14 x 1012.That means that there is roughly the equivalent of 400,000 Antminer S9s currently in operation in the entire market, which at US$1099 each would cost about US$447 million. To gain 50% of the total computing power, you would need to add the total of the…