A new 11-year study from researchers Cambridge Centre for Alternative Finance reveals something remarkable about Bitcoin’s infrastructure: the network is extremely resilient to physical internet disruptions.
The research analyzed 11 years of peer-to-peer network data, 658 global undersea cables, and 68 real cable outage incidents.
🌐 Key Finding
Between 72% and 92% of the world’s undersea cables would need to fail at the same time to significantly disrupt the Bitcoin network.
That means random outages from ship anchors, earthquakes, or accidents are very unlikely to stop Bitcoin.
📊 What Real Data Shows
Researchers ran 1,000 Monte Carlo simulations and compared them with real outages.
87% of cable failures affected less than 5% of Bitcoin nodes
The biggest incident occurred in March 2024 near Côte d’Ivoire, when 7–8 cables were cut
Even then, only 5–7 nodes were affected globally — about 0.03% of the network
The correlation between cable outages and Bitcoin’s price was -0.02 (essentially zero)
In simple terms: Bitcoin barely notices cable disruptions.
🎯 The Real Risk: Centralized Hosting
However, the study found a different type of vulnerability.
If attackers target the five hosting providers that run a large share of Bitcoin nodes, the impact could be much bigger:
Hetzner
OVHcloud
Comcast
Amazon Web Services
Google Cloud
Removing just ~5% of routing capacity from these providers could cause a disruption similar to losing most global cables.
🕵️ The Role of Tor
By 2025, around 64% of Bitcoin nodes are expected to route through the Tor network.
Many assumed Tor could hide infrastructure risks, but the research showed something surprising:
Tor relays are highly concentrated in Western Europe, especially in:
Germany
France
Netherlands
These regions actually have strong internet redundancy, which slightly increases Bitcoin’s resilience rather than weakening it.
📉 Network Resilience Over Time
Bitcoin’s infrastructure strength has shifted over the years:
2018–2021: resilience dropped due to mining concentration in East Asia
2021: resilience index hit 0.72
After China’s mining ban, miners spread globally
2022: resilience recovered to 0.88
2025: stabilizing around 0.78
⚠️ Why This Matters
The study highlights two very different threat models:
1️⃣ Random infrastructure damage (anchors, earthquakes, accidents)
→ Almost no realistic risk to Bitcoin
2️⃣ Coordinated attacks on hosting providers
→ Could create serious network disruption
In other words, Bitcoin is highly resistant to chaos — but less prepared for targeted infrastructure attacks.