Untangling Bitcoin mining: Why do people become miners?

Quick Summary:

In this CoinGeek Weekly Livestream episode, Kurt Wuckert Jr.appeared on the Untangling Web 3.0 podcast to discuss Bitcoin mining's fundamentals and technical aspects.

The post Untangling Bitcoin mining: Why do people become miners? appeared first on CoinGeek.

However, mining being so expensive these days introduces a new problem: fewer and fewer players will be able to compete, and why should we trust them?

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Article Details

Author / Journalist: Gavin Lucas

Category: Crypto

Markets: Canada

Topics: BSV blockchain ASIC Alec Burns Gorilla Pool CoinGeek Weekly Livestream Block reward mining Proof of work Interviews BlackRock Larry Fink Bitcoin SV

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-27 @ 11:00:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 835 words

Reading Time: 5 minutes read

Sentences: 49 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 22749828

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About CoinGeek

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 6 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 10 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #82

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