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Michael Saylor: Bitcoin is Fire or Electricity

Coin Stories

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The Bicoin Mining Network Is the First Line of Defense for Bitcoin

The bicoin mining network, is really the security network of bikoin. It's a million, millions of different machines that are all running the shaw two 56 hashing function in order to throw up a wall of incripted energy to protect your money. Each generation of bicoin min rig is two, three, four times more efficient in converting energy into hashes. So ultimately, what you're going to have is a very decentralized set of specialized mining rig nodes.

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