Saturday, 9 July 2022

Proof of Work Energy Consumption

Consuming energy to power an ASIC to mine a block can not be forged. It's impossible to fake. This protects and secures the network fundamentally.

This foundation is a first principle. Without it you do not have Bitcoin.

Energy consumption enables every other aspect of Bitcoin, without energy consumption you have nothing.

Thoughts? Agree? Disagree? Missing something?

submitted by /u/clearmined
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How Silent Payments Are Bringing New Privacy Protections To Bitcoin | Bitcoin Magazine

How Silent Payments Are Bringing New Privacy Protections To Bitcoin | Bitcoin Magazine submitted by /u/sethforprivacy
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