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Mining Bitcoin & Proof of Work
Manage episode 195309605 series 1919188
Content provided by Dan Emmons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dan Emmons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In Bitcoin, we refer to those that validate transactions and create bitcoin as 'miners'. In Blockchain and cryptocurrency, miners rely on computers and code as tools, and use electricity as fuel, or cost to mine. The Blockchain and the value of Bitcoin are backed by the laws of math and the most precious resource of all: TIME itself.
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Manage episode 195309605 series 1919188
Content provided by Dan Emmons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Dan Emmons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In Bitcoin, we refer to those that validate transactions and create bitcoin as 'miners'. In Blockchain and cryptocurrency, miners rely on computers and code as tools, and use electricity as fuel, or cost to mine. The Blockchain and the value of Bitcoin are backed by the laws of math and the most precious resource of all: TIME itself.
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23 episodes
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Similar to ByteSize Blockchain
Show notes are at https://stevelitchfield.com/sshow/chat.html
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continue reading
Three nerds discussing tech, Apple, programming, and loosely related matters.
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continue reading
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…
continue reading
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continue reading
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