August 31, 2020 Ethereum Classic suffers another 51% attack.

Ethereum Classic was targeted with a 51% attack this week, marking the third time the network has suffered a 51% attack in the past month. The largest of the three attacks, this most recent security breach involved the rearranging of over 7,000 blocks, or roughly two days worth of mining activity. Ethereum Classic’s current hash rate is 2 TH/s, meaning it would theoretically cost just over $4,000 per hour to launch a 51% attack against the network.

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