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What Is a 51% Attack and How Does It Relate to Hashrate Rental?

A 51% attack occurs when a single entity gains control of more than half of a blockchain network's total mining hashrate. This control allows the attacker to manipulate the transaction order, stop new transactions from being confirmed, and most critically, perform double-spending.

Hashrate rental markets directly facilitate this by providing a liquid, on-demand source of mining power. An attacker can rent the necessary hashrate for a short period to execute the attack without owning expensive mining equipment.

What Is ‘Double-Spending’?
How Does Hashrate Rental Act as a Form of Financial Hedging for a Miner?
What Is the Economic Incentive for a Miner to Rent out Their Hashrate Instead of Mining Directly?
How Does the Concept of Controlling a Majority Share Relate to Corporate Takeovers in Finance?