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.
Published at
2024-05-01 00:22:33Event JSON
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