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From my understanding , the supremum norm would just be the maximum value

So if I have a point z that lies on the unit circle $|z|=1$

Question:
what would the $sup_ |2z-1|$ be ....

Is it just the maximum value of $(2z-1)$ for all points on the unit circle?

I attempted it in to ways, not sure if either is correct

First method

$ sup_ |2z-1| = 1$ As you simply just take the $|z|=1 $ so $ |2(1)-1|=1$ I dont think this is correct

Second method:
You just let $z = x+iy$ where $|z|=1$

$|2(x+iy)-1| $ $= |(2x-1)-2iy| = $ $sqrt4x^2-4x-1+4y^2$ so if z lies on the unit circle $x^2 + y^2 = 1 $ or $ x = cosθ $, $y = sinθ$

So the sup would just be the maximum value for $sqrt3-4cosθ = sqrt7? $

Not sure what the maximum value for $sup_ |2z-1|$ would be here.

The first method doesn't work. The condition $|z| = 1$ doesn't imply $z = 1$, nor is $|2z - 1|$ the same as $2|z| - 1$.

The second method is much better, however you seem to misplaced your $-$ signs. You should get
$$|(2x - 1) colorred+ 2iy| = sqrt4x^2 - 4x colorred+ 1 + 4y^2 = sqrt5 - 4cos theta,$$
which has a maximum of $sqrt9 = 3$.

This could also be achieved through use of the triangle inequality. Consider
$$|2z - 1| le |2z| + |-1| = 2|z| + 1 = 3,$$
with equality if and only if $2z$ and $-1$ point in the same direction, i.e. when $z$ is a negative number. Substituting in $z = -1$ confirms that the value of $3$ is attained.

Geometrically, for $|z| = 1$, $|2z - 1|$ is the distance between a point on the circle of radius $2$ centered at the origin (in red), and the point $(1,0)$ (in blue).

By looking at the attached image, we can see that the maximum such distance is $3$. This can more easily be seen by considering a plot of the circle of radius $3$ centered at $(1,0)$ (in green). The point $(-2,0)$ is a distance of $3$ away from $(1,0)$, and each other point on the circle of radius $2$ is closer to $(1,0)$.

Thus, $$sup_ |2z - 1| = 3.$$

The first method is definitely wrong as you suggested. This is because $|z_1 + z_2| neq |z_1| + |z_2|$. In other words: you cannot just replace all variables inside $||$ with their "length".

The second method is correct since in every step you use a definition or some known fact. (Though you made a mistake when squaring $(2x-1)^2=4x^2-4x+1$. This gives you $sqrt5 - 4x)$. You do not need to represent $x$ using the angle $theta$. Just think about what $x$ would maximize this expression and can you find this value for $x$ on the unit circle. The conclusion should be that $x=-1$ which you can find on the unit circle (namely for $z=-1$).

Note that $:|2z-1|=2Bigl|z-frac12Bigr|$, i.e. geometrically, twice the distance between the affix of $z$ and the point $;Abigl(frac12,0bigr)$ in the plane. It is attained at the intersection point of the diameter through $A$ (i.e. the $x$ axis) which has a negative abscissa: $(-1,0)$. Thus
$$sup_|2z-1|=2cdotfrac 32=colorred3.$$