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See my returns and portfolio breakdown. Follow for investment tipsConsensus between nodes about the content of the blockchain is achieved using a computationally intensive process based on proof of work, called mining, which is typically performed by purpose-built computers called miners. These miners don't directly act as nodes, but do communicate with nodes. The mining process is primarily intended to prevent double-spending and get all nodes to agree on the content of the blockchain, but it also has desirable side-effects such as making it infeasible for adversaries to stifle valid transactions or alter the historical record of transactions, since doing so generally requires the adversary to have access to more mining power than the rest of the network combined.[7]: ch. 12  It is also used to regulate the rate at which new bitcoin is issued and enters circulation. Mining consumes large quantities of electricity and has been criticized for its environmental impact.[10]

$BTC Consensus between nodes about the content of the blockchain is achieved using a computationally intensive process based on proof of work, called mining, which is typically performed by purpose-built computers called miners. These miners don't directly act as nodes, but do communicate with nodes. The mining process is primarily intended to prevent double-spending and get all nodes to agree on the content of the blockchain, but it also has desirable side-effects such as making it infeasible for adversaries to stifle valid transactions or alter the historical record of transactions, since doing so generally requires the adversary to have access to more mining power than the rest of the network combined.[7]: ch. 12  It is also used to regulate the rate at which new bitcoin is issued and enters circulation. Mining consumes large quantities of electricity and has been criticized for its environmental impact.[10]

#BitcoinBounceBack Consensus between nodes about the content of the blockchain is achieved using a computationally intensive process based on proof of work, called mining, which is typically performed by purpose-built computers called miners. These miners don't directly act as nodes, but do communicate with nodes. The mining process is primarily intended to prevent double-spending and get all nodes to agree on the content of the blockchain, but it also has desirable side-effects such as making it infeasible for adversaries to stifle valid transactions or alter the historical record of transactions, since doing so generally requires the adversary to have access to more mining power than the rest of the network combined.[7]: ch. 12  It is also used to regulate the rate at which new bitcoin is issued and enters circulation. Mining consumes large quantities of electricity and has been criticized for its environmental impact.[10]

#BTC #USCryproReserv #WhiteHouseCryptoSummit
Consensus between nodes about the content of the blockchain is achieved using a computationally intensive process based on proof of work, called mining, which is typically performed by purpose-built computers called miners. These miners don't directly act as nodes, but do communicate with nodes. The mining process is primarily intended to prevent double-spending and get all nodes to agree on the content of the blockchain, but it also has desirable side-effects such as making it infeasible for adversaries to stifle valid transactions or alter the historical record of transactions, since doing so generally requires the adversary to have access to more mining power than the rest of the network combined.[7]: ch. 12  It is also used to regulate the rate at which new bitcoin is issued and enters circulation. Mining consumes large quantities of electricity and has been criticized for its environmental impact.[10]
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#BTC #WhiteHouseCryptoSummit #USCryproReserve
Bitcoin is the first decentralized cryptocurrency. Based on a free-market ideology, bitcoin was invented in 2008 by Satoshi Nakamoto, an unknown entity. Use of bitcoin as a currency began in 2009, with the release of its open-source implementation. In 2021, El Salvador adopted it as legal tender.
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