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Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco
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Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco

To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1.4 billion.

Analysis: Bitcoin Costs $1.4 Billion to 51% Attack, Consumes as Much Electricity as Morocco

Cover art/illustration via CryptoSlate

To successfully conduct a 51 percent attack on the Bitcoin network would cost an incredible $1.4 billion.

This massive network supports over 5 million specialized ASIC mining computers, consuming a total of 29 Terawatt hours of electricity a year—as much as the entire country of Morocco.

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