Bitcoin can survive 72% of the world’s submarine cables being cut, but a targeted attack on five hosting providers could cripple it

Bitcoin’s network has been running nonstop since 2009. The question nobody had rigorously answered until now is what it would actually take to break it. Researchers at the Cambridge Centre for Alternative Finance last week published the first longitudinal study of Bitcoin blockchain’s resilience to physical infrastructure disruption, analyzing 11 years of peer-to-peer network data against 68 verified submarine cable fault events. The headline finding is that between 72% and 92% of the world’s inter-country submarine cables would need to fail simultaneously before Bitcoin experiences significant node disconnection. In a world where the Strait of Hormuz is currently disrupted and…