Cryptocurrency Q&A
What happens to Bitcoin if power goes out?
What happens to Bitcoin if power goes out?
Lorenzo
Thu Dec 26 2024
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7 answers
1696
I'm wondering about the impact on Bitcoin in case of a power outage. Will it affect the transactions or the value of Bitcoin in any way? What are the possible consequences?
7 answers
SeoulSerenitySeeker
Sat Dec 28 2024
Such an outage, on a scale never seen before, would shut down all forms of communication and internet connectivity worldwide.
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lucas_lewis_inventor
Sat Dec 28 2024
In truly exceptional circumstances, the demise of Bitcoin as we understand it today is a distant possibility.
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Alessandro
Sat Dec 28 2024
A catastrophic global power outage could potentially pose a significant threat to the digital currency.
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MountFujiView
Fri Dec 27 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that include spot, futures, and wallet solutions, among others. Despite the robustness of such platforms, they would also be impacted by such a widespread outage.
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AzureWave
Fri Dec 27 2024
This would mean that nodes within the Bitcoin network would be unable to communicate with each other.
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