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While it may be trivial in implementation, its unrealistic due to the cost. >In reality, the Bitcoin network has proven resilient enough to withstand a 51% att

While it may be trivial in implementation, its unrealistic due to the cost. >In reality, the Bitcoin network has proven resilient enough to withstand a 51% attack over the years. In fact, due to the size of the Bitcoin network and the extent to which hash power is decentralized, along with the cost of mining equipment, it’s prohibitively expensive to attack Bitcoin. We estimate it would cost over $13 billion https://learn.eqonex.com/news/what-51-attack-and-how-much-would-it-cost https://learn.eqonex.com/news/what-51-attack-and-how-much-wo...

sgjohnson 4y ago
> We estimate it would cost over $13 billion So basically it's less than what the U.S. Federal Government spends in one day (FY2021 spending totalled $6.83tn). Unrealistic.
- tenuousemphasis 4y ago
  That's $13 billion for the hardware, and $1 million per day in electricity assuming a cost of $0.01/kWh
  - Sparyjerry 4y ago
    $13 billion is a drop in the bucket for governments. The have been passing Trillion dollar bills for some time.