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Thank you for your great explanations, it is more clear now
I should admit I have no much technical knowledge on how the Bitcoin network work, I was just wondering what could happen if the whole internet shuts-down.. I was thinking that then some manipulations could happen!
Sun storms only last a few hours according to an article I recently read. I don't know exactly how solar storms work but I assume that the part of Earth which is exposed to the Sun at this time will be affected most, but the opposite half will have parts which should be almost unaffected. So if we're not completely unlucky and that unaffected part is just located in Antarctica or the Central Pacific or so, then there will be at least some subnetwork ready to still run Bitcoin, even if they wouldn't be able to mine many blocks during that time.
That's not according to him: ( https://youtu.be/GKAyGvHGTyA?t=432 , https://youtu.be/TgBJ-w9HSRU?t=254 ).. I'm not sure how reliable this is. Many of the events he claimed to predict and actually took place were predictable, just from intelligence information !!
Quote from: https://www.itu.int/hub/2024/08/solar-storms-are-we-ready-for-another-carrington-event-2/
If a solar storm of the same magnitude (of the Carrington event) happened today, it could devastate our vastly more connected and increasingly digital world.
Nowadays, we depend on terrestrial telecom infrastructure, satellites, and the Internet, along with smart (digitally managed and operated) power grids, all vulnerable to geomagnetic disruptions.
A Carrington-like event today could cause high-voltage electrical transformers to overheat, leading to widespread blackouts. It might trigger long-term power outages, widespread communication failures, and crippling economic losses amounting to trillions of dollars worldwide.
Telecommunications satellites are also vulnerable to CMEs. Solar flare-ups can degrade solar panels, damage navigation systems, and alter orbital paths, potentially causing mass collisions, producing unprecedented debris, and kicking off the Kessler Syndrome you might remember from the 2013 film Gravity with Sandra Bullock and George Clooney
Nowadays, we depend on terrestrial telecom infrastructure, satellites, and the Internet, along with smart (digitally managed and operated) power grids, all vulnerable to geomagnetic disruptions.
A Carrington-like event today could cause high-voltage electrical transformers to overheat, leading to widespread blackouts. It might trigger long-term power outages, widespread communication failures, and crippling economic losses amounting to trillions of dollars worldwide.
Telecommunications satellites are also vulnerable to CMEs. Solar flare-ups can degrade solar panels, damage navigation systems, and alter orbital paths, potentially causing mass collisions, producing unprecedented debris, and kicking off the Kessler Syndrome you might remember from the 2013 film Gravity with Sandra Bullock and George Clooney