PART 12 Is Bitcoin a new operating system?
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PART 12 Is Bitcoin a new operating system?
In this final video of this 12 part series I break down proof of work and hopefully have fulfilled my goal of educating you on why Bitcoin is the most valuable thing on earth. Let's begin with the physical cost function. Step 1. Use a special algorithm to physically strain a computer by requiring a huge amount of electricity i.e watts to solve ...
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