⚡ Bitcoin mining requires a supercomputer (ASIC) to solve equations at trillions of operations/second! Millions of miners compete 24/7 to find the magical hash that unlocks the new block.
🔥 Every 10 minutes, one miner receives 6.25 Bitcoin ($160,000)! But the terrifying truth: it consumes the electricity of an entire city for a month!
⚖️ The network consumes 150 terawatt-hours annually - more than the country of Argentina! And the more miners there are, the crazier the consumption becomes.
💎 Difficulty increases every two weeks and the reward halves every 4 years. Mining is continuously becoming harder and less profitable! Today you need $100,000 to start.
🏭 Most mining today occurs in giant farms in China, Kazakhstan, and America.