Bitcoin Mining Is Not Wasteful — Bitcoin Magazine

Please fol­low and like us:
Pin Share

The main­stream media mis­tak­en­ly por­tray bit­coin min­ing as waste­ful. Noth­ing could be fur­ther from the truth. Bit­coin min­ing pro­vides an eco­nom­ic bid for oth­er­wise unus­able, excess ener­gy. Bit­coin will pro­pel human­i­ty to abundance.

bitcoin mining isn't wasteful Dall-E AI generated image

“Bit­coin Min­ing isn’t waste­ful” — an AI-gen­er­at­ed image by DALL‑E, OpenAI**

To dis­cuss bit­coin min­ing, one must first under­stand how it works: Proof-of-Work and the dif­fi­cul­ty adjustment.

Source link

Please fol­low and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *