#Bitcoin  miners could censor and manipulate transactions. Wouldn't it be possible to just buy 51% of the network?

⇒ NO!

Performing a 51% Attack on #BTC  seems easy, but in practice it's not possible.

Here is why:

Tremendous amount of Resources needed

⇒ To successfully perform such an attack, you would need to control more than half of the total hashing power.

⇒ This would require a massive investment in mining hardware, electricity, and infrastructure, making the attack financially unfeasible.

⇒ Where do you even get all this hardware with massive shortages?

⇒ Additionally, during such an attack would the network grow even more. Thus, increasing the cost of such an attack more and more.

⇒ It's an uphill battle...

No gains = no incentive

⇒ Even if someone manages to do that, the difficulty adjustment doesn't work in your favor, and you needed to maintain the power over a longer period of time to really make an impact.

⇒ And all those resources would be for nothing, because all those mined #BTC  would be worthless at that point.

⇒ So you have 0 gains and therefore 0 incentive to do such an attack.

⇒ The financial gain would be much bigger, if the miners simply play by the rules.

A 51% Attack on #Bitcoin  is not only physically impossible, but also would bankrupt the player who performs it.

Proving that #Bitcoin  is actually the only sound digital money on the planet!

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Discussion

Why do you say 0 gains? The largest miner is the most profitable.

0 gains if they wanted to destroy Bitcoin. When there goal is just destroying it, they have worthless btc in the end.

Obviously that’s not possible, but also the incentive structure doesn’t work.