Mining Bitcoin & Proof of Work - podcast episode cover

Mining Bitcoin & Proof of Work

Nov 26, 20175 min
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

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.
For the best experience, listen in Metacast app for iOS or Android