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Lol, how would geo-fencing even work/help here?

At the price of those things, bake a GPS IC deep into the chip

GPS wont get a signal in many datacenters given the amount of EM radiation

I've seen plenty of racks in my time with stuff like this installed https://www.gpssource.com/products/irms18-gps-integrated-rac...

That product mentions the roof antenna in the description.

GPS is not hard to spoof.