ratiofreedom on Nostr: 📖 Bitcoin Basics📖 #Bitcoin mining secures the network through electricity by ...
📖 Bitcoin Basics📖
#Bitcoin mining secures the network through electricity by using the proof-of-work consensus mechanism.
The electricity powers asic miners that are designed to perform the cryptographic SHA-256 hashing algorithm to validate transactions.
#Bitcoin mining secures the network through electricity by using the proof-of-work consensus mechanism.
The electricity powers asic miners that are designed to perform the cryptographic SHA-256 hashing algorithm to validate transactions.