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by kyboren 3308 days ago
Using that list, Cuba and North Korea immediately follow Bitcoin in energy consumption. Cuba or North Korea alone could never hope to gain control of the network: they could not supply enough power even if they redirected everything to malicious Bitcoin mining rigs. More realistically, even a country like Saudi Arabia (with a reported 272TWh) could not control the Bitcoin network in the long term--"wasting" 5.5% of your national energy consumption is not sustainable.

This "waste" is actually a kind of security all its own.