E250 What Is Bitcoin & How Does It Work? (w/ Andrei Jikh)
Impaulsive with Logan Paul
00:00
The Block Chain Is Not Decentralized by Definition
Thereis a finite amount of bit coin. There is 21 milion, 21 million. How many have been mined thus far? Around 18, 18 million. And how is a bit coin mined? And how many are mine per day? Youare kind of already hit on it, right? Cause it's, is it isit is? Are there miners? They're sitting at super computers, cracking equation until what happens? A does a bit coin like pop up ore? Where does it go? Is it in the ether, like, what happens? Yes. So imagine, o, i don't hav like the numbers off the top of my head, how many are created a
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