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Bitcoin Mining Is Not Wasteful – Bitcoin Magazine

Bitcoin Mining Is Not Wasteful – Bitcoin Magazine

Bitcoin
August 1, 2022 by Editorial Team
6
The mainstream media mistakenly portray bitcoin mining as wasteful. Nothing could be further from the truth. Bitcoin mining provides an economic bid for otherwise unusable, excess energy. Bitcoin will propel humanity to abundance. “Bitcoin Mining isn’t wasteful” — an AI-generated image by DALL-E, OpenAI** To discuss bitcoin mining, one must first understand how it works:
from-delivery-to-hashing-in-15-minutes-setting-up-the-futurebit-apollo-node-and-miner.png


The mainstream media mistakenly portray bitcoin mining as wasteful. Nothing could be further from the truth. Bitcoin mining provides an economic bid for otherwise unusable, excess energy. Bitcoin will propel humanity to abundance.

bitcoin mining isn't wasteful Dall-E AI generated image

“Bitcoin Mining isn’t wasteful” — an AI-generated image by DALL-E, OpenAI**

To discuss bitcoin mining, one must first understand how it works: Proof-of-Work and the difficulty adjustment.



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