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Why haven't gamers united to take down Bitcoin and other Cryptocurrencies?

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Why haven't gamers united to take down Bitcoin and other Cryptocurrencies?

#1
I was thinking about the effects on GPU prices that gamers are pissed off about and all the bad that Bitcoin and Cryptocurrency currency cause with the crime and environmental impact. There are millions of gamers around the world with powerful gaming PC's, if they started a mining pool they could at first start attacking some of the smaller Cryptocurrencies. An encrypted wallet that no one can withdrawal from could be used and the mining rewards could be used to post useless transactions to take up block space.

As mining power grows as more people learn about the project, they can start performing 51% attacks to further disrupt the network. Eventually that crypto will collapse and they can move up to larger ones till they get to bitcoin. I don't think they would even have to target bitcoin because eventually trust would go down as publicity picks up the story and everything collapses for the better.

Re: Why haven't gamers united to take down Bitcoin and other Cryptocurrencies?

#6
Most of these GPUs are mining Ethereum and not Bitcoin (ASIC is far more efficient for that). Many of the popular altcoins are not using Proof of Work either, so banding together to 51% attack them using GPUs would be moot. Ethereum will be moving to Proof of Stake later this year (maybe) as well.

Re: Why haven't gamers united to take down Bitcoin and other Cryptocurrencies?

#10
post #6

Most of these GPUs are mining Ethereum and not Bitcoin (ASIC is far more efficient for that). Many of the popular altcoins are not using Proof of Work either, so banding together to 51% attack them using GPUs would be moot. Ethereum will be moving to Proof of Stake later this year (maybe) as well.

It would have to be starting with smaller coins with less marketcap that are easier to mine. Since some people would be scared of running a miner the miner used to start the attack would have to be open source and auditable for people to trust running the program.
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