Bitcoin Basics Series Episode 5. In this chat Daz, Seb, Dan & Josh dive into the mechanics of HOW Bitcoin mining works, and why it is so fundamental to the protocol. Proof of Work is the centerpiece to merging the physical and digital world. This is part 5 of a multipart series.

Full Bitcoin Basics Series here

BCB Pod disclaimer here

Watch video of this chat on YouTube here

Time Stamps:

03:00 - Intro chat

07:20 - Internet dog scams & the future of internet security

15:05 - What is Bitcoin Mining?

27:00 - Hashing, Blocks, Nonces

48:00 — Bitcoin’s REAL world connection & the halvings

55:00 — The Difficulty Adjustment & Bitcoin keeping its OWN time

01:11:00 — Proof of Work environmental impacts, energy implications & dismantling PoW FUD

WANT MORE? HERE ARE FURTHER RESOURCES REGARDING THIS TOPIC:

Daz’s pick — Blockchain Demo andersbrownworth.com
Seb’s pick — Bitcoin Mining 101 on WBD w/Harry Sudock
Josh’s pick — Learn me a Bitcoin
Dan’s pick — Immutability and Proof of Work w/Andreas Antonopolous

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SOCIAL MEDIA

Twitter: you can follow us @blue_collarbtc, follow Daz @dazbea1, follow Seb @Sebbunney
Blue Collar Bitcoin on NOSTR: npub1a3hrd4wfawr578d5y5l0qgmh7lx8q6tumfq0h7eymmttt52veexqkcfg37
Video on YouTube. Subscribe Here

EMAIL: Send questions or comments to bluecollarbitcoinpodcast@gmail.com

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