It's not impossible.
Seattle's city budget is $7.4 billion.
Palo Verde nuclear power plant has an output of 3,942 MW.
Since the OP mentioned actors and (states) look how tiny that number is compared to a country the size of the United States or China, just for fun, the value of the first 24 penthouses in NY listed here for sale is 1 billion.


And they might simply not need 51%.
Since they can run on subsidized cost with no tax no profit they could install just 25%, force other miners out of business and then just add 15% or so to gain a full 51%. Also, they don't have to pay for the best of the best gear, and not at Bitmain prices, they could simply pick up old miners that go on cheaper prices per TH/s and just install those as the energy is simply no problem at these levels, they could simply fire up some old powerplant and just cover it up.

But, why would anyone do it, and what it would solve?

Mining didn't collapse because the actual reward per block kept going up.
How will the reward keep going up when there is no block subsidy but only fees unless you force people to pay more?

Not to mention a different thing, if the hash rate for example will be the same even as the halving pass by, as the price will offset it, you will still face a problem, the same hashrate will have to defend a blockchain that is worth 2x more, security has to be measured on how much it takes to overcome it but also how much it protects. 300Exash and 3 million machines sound nice right now, but if in 3 halvings this will still be the same but with the market cap no longer at 600 billion but 5 trillion, will it mean the network is just as secure?


So if Bitcoin reaches $ 1mil you will have no problem paying $30 for a simple 1 input 1 output tx and you think people will still be using it in their daily lives?
Hasn't the drama of the Ordinals and people screaming like mad that there is a terrorist attack because they have to pay 4sat/b shown how people react ?


No matter how efficient the machines are the cost to attack the network will move the same way as the efficiency of the machines.
12 years ago you could attack it with a single s19 but because it didn't exist you had to spend millions in FPGA, so it's not the efficiency of the machine is the cost of the 51% in current Th/$ that keeps the network secure.

It depends on the depth of the orders, you can go to the major exchanges and see how much the volumes on placed orders are, 1 million$ is nothing on both sides but $10 million might make a temporary dent right now it would make a $200 drop on Binance and about a $300 jump.


Billions? The largest by volume is the Binance/USDT, at nearly 10% of complete BTC volume, a flash $100million drop there would send the coin to $24k levels instantly, and if not all the buy orders would instantly retreat when the bots see the incoming dump.
Do you think that when we dropped last time from 29k to 26k there were tens of billions of coins getting sold? 
Still much to go till we hit levels where billions are needed to move markets.

I really don't understand what his plan was here.
If he wanted to keep a low profile for his neighbors and prevent them from asking how this guy got so rich in such a short time he could have simply moved out and be done with it, for the authorities it really doesn't matter how you dress and how you live, you're just a bunch numbers and those numbers point to a guy who has a $5 mil mansion and a $200k with no job whatsoever.
Living a double life worked back a century ago, but not in these times!


Doesn't work like that.
If in an investigation he lies about the sums while making a plea bargain to be convicted only on the tax fraud and not on the theft he will be facing a multitude of extra charges afterward if caught again, not to mention he will not be able to enter another plea in the same case. He will get from the start 5 years for the breach in the agreement then another 5 years for hiding the funds and preventing assets forfeiture and on top of that again aggravated tax fraud, so if he tries to be smart again he is looking at another 15 years in jail and hard to find a judge that will not convict him again.

Besides they recovered almost all coins except for 2000BTC,  50,491 in the first batch, and then 1,004 from 53,500BTC , which were spent on different things, so that's hardly billionaire material.

It's not, at most the term used is inherently deflationary.
Right now the amount of coins in circulation increases every day, basically we're printing coins in the same way other currencies, at a rate of around $27 million a day worth of coins, so right now there is nothing deflationary about it, but since at some point the supply on the market will not grow at all and even till then the adoption rate will/might outrun the issuance you can call it like that.


Bitcoin is nowhere near the stage where it can be called a global currency.
I keep telling people we're a long way from that and it is enormous space to grow, there are like ~ 20 million addresses with a balance that matters, 300k transactions per day, and only ~150 mils in the LN, those numbers would be low for an economy the size of Bulgaria, not a global one.
So by the time we reach global those swings of 5-10% will become less and less frequent, but swings of 5% are not that uncommon even for normal currencies right now. Remember last year when everyone said the EUR is going to die since it crashed from 1.04 to 0.95 /USD in a week?

It doesn't have to be that especially.

He might now know that he only needs copper membership to raise the limits and post an image, he might try some different thing, like a loan, he might just want some shilling for some project, and so on. The fact that he needs it "urgently" does not really match only with signature campaigns.
Interestingly he didn't mention the red tags criteria.


There is no prohibition, anyone can sell and buy as they wish, but they must face the consequences if discovered which will make the account worthless for signature earnings if that is the purpose!
But if you're here to advertise our scammy service like 1xbit, that will not stop you.

Probably because at the time of the decision it was worth around $1.5 million and that's the amount of money they were supposed to be getting from their NFT sale.
So, it was a publicity stunt to gain some more sales as only 25% of the value of the NFTs will go to the moon!

Now, the interesting part will be to watch Elon's reaction!
Since this is not something he oversees directly as the rover is the property of another company that just sells space for the trip for whoever wants to buy some, and probably he has found out over Twitter I wouldn't be surprised if he decides to paint the whole rocket with a Shiba picture or demand that at least the rover would need to get a paint job.


LunarCrush just sold a few million worth of NFTs and SpaceX is getting paid by Lunar Outpost (a different company) to get their rover to the moon!

Because he might not have access to it, because he might be getting 100 emails a day from different strangers just like you, and most probably of all because he obviously doesn't care? Besides, you sound like you have some info or dirt on him, why don't you go through it legally, if you know who has the funds or who stole it why don't you go to the police or contact the trustee of the MtGox case? You make it sound like you're one step away from blackmailing him! Is that what you want?


That hacker, and who might that be?
Anyhow, since I was promised interesting things, better try this topic:
MtGox withdrawal delays [Gathering]
There are plenty of guys there that were involved in the Civil Rehabilitation Plan as victims, one might help you organize a community or whatever you plan on doing.

You contacted Mark over email about a thing he has been in court over and over and years after the court decision you actually think he will reply to a stranger and tell him everything? For real?
Anyhow, since we're here, why don't you contact Craig Wright also, he claimed he owned that address, and since the first transfer to it was the funding one he was also the hacker, of course then he miraculously lost somehow everything related to that address but I'm pretty sure his lawyers will give you any information you want.  


And from who do you want to claim damages? MtGox? You might be a little late for that!

The rule of investment in risky assets is that you should only invest the amount you can afford to lose, so do you have $30k that you can afford to lose overnight?
It's not the fact that BTC would go to zero, that's a long gone fear, but there are other risks involved, so to make a really long story short, someone who can afford 30k is not something who will dramatically have his life changed if BTC goes to $300k let's say. Slide the bar to BTC to $1 mil, and things change, now it's also a thing of how much can you afford not only to invest, but also how much you can wait for your dream!


Unless you tell us, only god knows what you dreamt as a child, if those dreams include a 30-room mansion by the seaside with a tennis court and a Bugatti La Voiture Noire parked between ten other sports cars, probably not! Everyone has different dreams, some dream of a tiny house in the mountains and just a quiet and normal life, earning a bit over the median pension, some are going nuts unless you go into details no one will be able to even have an opinion on it.


Again, it depends!
For some, it means having enough assets and savings to never care about money in their whole lifetime.
For others, it means not being at the mercy of a 3rd party, with no bank, no authority, no government being able to seize your wealth.
But not that many really care about the second part anymore, the focus is on the first.

Of course, they can, and probably Tether will act immediately
This is a bit old information (late 2022) but :


I wouldn't be surprised of those 220k are already frozen.


Interesting stats

So in their short life (compared to BTC) they've managed to get three times more exploits and twice as many assets stolen.
Another thing, I don't know how accurate that list is and if it really counts them all but it seems like CEX hacks have started to go down lately, this is the first of the year and last year only two hacks?

Oh no, no! No!
It might lead the pack of countries chasing Germany who has already finished the race, take the medal, and is already on the plane back home!
Germany is closing its last nuclear power plants while it has the most expensive energy only to make things worse and worse, it has no way to balance the insane amount of solar it produces during the day with nothing coming on at night, it opposed pump storage lakes, it opposes hydro energy, and seems like the wind is no longer favorite because it doesn't look nice and...god knows what's the plan next!

At least the US has the capacity to go green, but Germany doesn't have even that and it's pushing like mad towards it. I was laughing hearing in our work group how a co-worker from Munich was telling us that by 2027 it could be done, solar and batteries, enough batteries to power a 1.4 Twh a day consumption with 5 hours of sun on average during the year.

Europe was spared of the bitcoin mining drama because our prices were insane in the first place but if it weren't we would be far worse than the US when it comes to the mining is killing the planet rhetoric.


For real? Wow!


And still the pace is negative, again, weird!

 

Brics GDP:
China   589,171,528 BTC
India   105,428,505 BTC
Russia   66,057,674 BTC
Brazil   53,454,518 BTC
South Africa   13,951,694 BTC
Total 828,063,919 BTC

G7 GDP:
United States   763,990,033 BTC
Japan   164,033,953 BTC
Germany   140,302,857 BTC
United Kingdom   105,875,747 BTC
France   97,590,465 BTC
Canada   66,057,674 BTC
Italy   70,023,355 BTC
Total 1,407,874,086 BTC

I guess only in Russia is  828,063,919 bigger than  1,407,874,086.
It might be a reason why 3 days to Kyiv has become 400 and counting.

From another article:


So, assuming they've stolen all those tokens, seems like close to 20% of the total assets on that exchange were made up of a token that is ranked in the 200+ by market cap and one that lost about 95% of its value to date, nothing shady at all.
I thought SK went on a rampage with regulations, scaring most of the exchanges away, how did these guys manage to stay afloat?


I always find it ironic how people ask for admins of decentralized exchanges to block and freeze coins, in just one split second forgetting all the key points they were bragging about when promoting such solutions.

Same pattern, the push right now is the same as in the last two months, seems like a lot of betting is going on the numbers, and everyone expects positive news, probably if it weren't for that oil bump things would have looked a bit more clear, but right now it's again 25 points probably.

Anyhow, speaking of US data, saw something funny about the job data released a few days ago:
U.S. economy adds 236,000 jobs in March as labor market stays strong
US adds 236,000 jobs in March as labor market weakens
So yeah, this volatility despite a 70-80% chance of 25 points starts making sense when two people look at a duck and say it's a goose or a swan.

Yeah, I read it all, I'm just preemptively closing any doors!  


Nothing to not believe, I have the math too, but this is the thing, it's my math, and it won't work for everyone, just like yours is.
Let's run the numbers quick.
500k per person, 8 billion people, that would make 40quadrillion, about 60 times the current global wealth so if every one of us gets that much you either have to produce enough houses, commercial estate, cars, electronics, and everything to compensate for this wealth or a used 2002 golf would go for $200k.
We've seen already how it works to have money and not products, demand, and offers have already shown us what's next so no need to linger on this aspect, and move to the next..



And how do you plan on generating the same wealth for half of the population to achieve at least the same levels as Eastern Europe?
There is only one way, the same way Europe and North America and part of Asia were doing and are doing it, by producing stuff, building houses, creating jobs, so...moving mountains!
It might not be the right path, but I can assure you of one thing, it's the only one that doesn't lead to complete poverty for eveyone.


Hmm, I might have been half wrong on this one you didn't bring up 1800 up but you defended it, so let's split the fault here.

It all comes down to money!
If things would have been that great for mining in Africa people would have moved there and not flocked to Texas or Canada or Russia or... the list goes on.
But yeah the first paragraph says it all, if you want to take a chuck of your profits and give it away, have a lower profit margin and you're interested more in the regional impact of your business, yeah, do it. But, you need the money to do that! And money ain't cheap!  

A few things about :
LE:
The link you've posted shows Rwanda at 25 cents/kwh, it's completely the opposite, these are the most expensive, 25c/kwh is a no-go!
This would make the next paragraph I've written a bit inaccurate!

Rwanda consumes 527.30 million kWh  a year, that's around 20k S19, so around 0.66% of the global hashrate in perfect optimization.
Just having cheap electricity doesn't mean they have the capacity to power any large operations without making others run out of power.

Not quoting everything since it look like a mess now with that change in c/kwh but look how you're giving the examples:

- cheap electricity: Rwanda (8th), Kenya (15th), South Africa (15th), and Nigeria
- security Mauritius  is the 28th safest country in the world, Ghana is the 40th, Gambia 45th and Botswanan 48th.
Now if I were to look at what you mentioned before, Rwanda is 72, Kenya 120, RSA 118, and Nigeria 143.

You can't just go and pick each of the best ones whenever it suits you based on one factor, everyone would want cheap energy as in Norway and taxes as low as in Malta, but, you simply can't have them all.
That being said, probably a few of the African countries are far more attractive than the whole of Europe right now, to what level they can compete with the cheap power and infrastructure available in the US or Russia, that is a thing to be seen, although I wouldn't get my hopes that high for further decentralization of mining farms.

Marathon? Hardin Montana?  
But yeah, all the environmental movements will force you to shut down, but to make things worse, just like in Mara's case, they dug the hole themselves, establishing the BMC (Bitcoin Mining Council) and the coming and saying they have clear power than any other industry! It was just asking for trouble. If we exclude the eco-warriors from the equation, restarting those plants might be easier than it seems, at least far easier than in Europe. I don't know what laws the USA has or how they define mothballing there but I've seen it numerous times, they can come back to life pretty fast, so yeah, possible. Unlikely, but doable!

Meanwhile, Bitcoin is pushing through 29k but the diff seems to have calmed down,
This is.... weird! I won't say manipulation, but still weird. Barely 2% and then negative after 4 days doesn't feel right with a mini bull run.
So uneventful, I miss the drama!!!!


Hihi might be some concern for miners, a streak of 10% would make some spend a few unpleasant hours in front of an Excel sheet.
But for the general public, the network is just more and more secure, also a bit more blocks are being mined than normal so lower fees, everything is going fine.

This! If you use stainless steel with small washers the whole thing will be around 2.5 cm by 6 cm, easy to hide, with poor conductivity a thief will have to increase the pulse of the detector to a frequency where every hinge in the room will trigger a signal even if they are a meter away, if you hide this in a garage or in a cabinet made out of metal any metal detector would be useless and going through the things by hand will be way faster.

But also, this is only if we talk about commercial detectors.
Professional magnetometers with scan analysis will show the user every tiny bit of metal everywhere, but I somehow doubt a thief will rush and buy a 25k Euros piece of equipment to search for washers in your home.


If you have someone who is ready to break into your house with this target in mind, knowing you have enough coins to make it worth stealing and facing prison time then one should be concerned for their safety also. From just a "normal" burglary to getting kidnapped or assaulted and getting to witness a  $5 dollar wrench attack it's just a matter of how much $ you are hiding.

When you end your story with a thing that can be checked by anyone with an internet connection and it's absolutely fake you might have to go back to the very first word and start the speech once more with the opposite view:



Must be that dedollarization everyone is talking about, with a dollar being worth half of their GDP, nobody affording even one cent unless they sell their kidneys on top of their house and cars and thus making it impossible to use the dollar. Smart plan!  Never thought of this! Must be that 5D chess strategy that took Kyiv in 3 days.


Bruh, don't bring data to a propaganda topic, you might confuse the poor fellow! 
Oh and one thing, I don't doubt unemployment is down in Russia, with 300 000 dead and maimed for life and a further 400 000 kidnapped from the streets to serve in the military pretty obvious a ton of job openings are available right now!