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Another reply, but I wanted to comment on this.

We aren’t talking about chance. We are talking about many people with access to vast pools of processing power.

We are talking about both.

You are right, there is a massive amount of hashing power out there.The price of bitcoin but it’s laughable compared to what you’d need to bruteforce a private key.

C’mon, lets grab vanitygen and give it a spin (on my i5):

• 4 characters: 3 seconds

• 5 charactes: 50% chance in about 4,5minutes

• 6 characters: 50% in 4,5 hours

• 7: 10,5 days

• 8: 1,7 years

• 9: 96,4 years

• 10: about 5600 years

• 11: 325000 years

• 12: some numbers with an ‘e’ in it

• …

• 27 (maximum for vanitygen): 50% in 9.321514e+31 years

For a complete address you will need 7 characters more.

Okay. Now we have more computing power than my i5 on the world. But looking at that number above: do you really think that matters?

I need to sleep, otherwise I’d do those calculations as well. But keep in mind: that is a number with a LOT of zeros up there. And you need 58 7 times more than that.

If you can generate a specific address of the network, there are a lot better targets.The price of bitcoin and the network would be broken anyway.

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