That would be a cheap way to do it. A demolition jack hammer would be faster and less backbreaking work, you might be able to resale it to recoup the cost after you are done using it.
Went ahead and ordered that Amazon demo hammer, For $137 and free shipping, it is cheaper than two days of a rental (assuming it was avaialble) and I have a bunch of awkwardly positioned rusting posts to get to.
The idiots that put in the posts evidently just dug large holes and poured a shiite load of cement in. I am painstakingly redoing them with cardboard cylindrical forms. Those vast seas of concrete are the pits, take forever to break up.
First one I did I could get to with a shovel and demo bar, ended up digging all around it and prying the damn thing out of the ground. Could only chip off small edge parts. Hauled 2-300 lbs cement mass to the dump as I had no way to bust it up. Wife though I would drop a nut lifting that into the back of the SUV.
Too old for that, time to use technology.
Edit: Oh yeah, thinking about ordering aluminum 2" square posts to redo this mess. Shipping is a bitch, of course.
Lowes steel posts will just rust out again. With my luck, they would rust out before I kick the bucket, so maybe the expense of the aluminum will be worth it.