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I was actually shocked that it could be this low and thought it must be wrong. Other sources have suggested it would cost over $1B: https://u.today/guides/blockchain/bitcoin-51-attack-how-it-w... > The hash rate is currently about six exahashes per seconds. Considering the most efficient ASIC miner with a hash rate of about 13,000 GHS (using the SHA-256 algorithm) being sold for about $2,100, an attacker will require about 500,000 hardware units and this will amount to about $1,005,000,000. When we factor in the cost of electricity and cooling daily, this figure rises to $1,006,000,000. https://cryptoslate.com/analysis-bitcoin-costs-1-4-billion-t... > 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. One of the underpinnings of the Bitcoin network is... https://gobitcoin.io/tools/cost-51-attack/ > $17,562,078,097, Hardware cost only, at cheapest rate. The attack would consume 241,478,573.839 kWh per day. (12,073,928.692$ per day) |