5min chapter

The "What is Money?" Show cover image

Bitcoin Mining 101 with Sam Wouters (WiM320)

The "What is Money?" Show

CHAPTER

Bitcoin Mining 101

Sam Wilders: Bitcoin mining is one of the more underexplored topics. He says miners are essentially people all around the world who set up computers that help secure the Bitcoin network. The way they secure it is by adding your transactions that you send between one and other, he says. "Once you get an understanding of that, it gives a lot of confidence in what is actually securing your money"

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