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Why is it so costly to perform brute force attacks on Bitcoin, and what makes it so challenging?
Brute force attacks on Bitcoin wallets may seem like a viable strategy for obtaining cryptocurrency, but the reality is that such attacks are exceedingly expensive and resource-intensive. This article delves into the reasons behind the high costs associated with brute force attempts on Bitcoin wallets, the cryptographic underpinnings that secure these wallets, and the overall economics of brute force strategies against cryptocurrencies.