Skip to main content

Could a Government Launch a 51% Attack on a Cryptocurrency?

It is theoretically possible for a government to launch a 51% attack on a cryptocurrency. A government could use its resources to acquire a large amount of mining hardware and electricity to control the majority of a network's hash rate.

However, this would be a very expensive and politically risky move. It would also be difficult to keep such an operation secret.

The economic and geopolitical consequences of such an attack could be significant.

Do Government Regulations Influence the Use of Renewable Energy in Crypto Mining?
Can a Quantum Computer Theoretically Break SHA-256 Encryption, and What Would Be the Impact on Options Pricing for Bitcoin?
Why Would a Developer Want a Mutable Smart Contract?
Why Are STOs Considered Less Risky for Investors than ICOs?