Michael Saylor on Bitcoin Principles (SLP536)
Stephan Livera Podcast
00:00
The Importance of Natural Frequency and Bitcoin Mining Dynamics
This chapter discusses the significance of the natural frequency of the Bitcoin network for stability and success, using an analogy of a bridge resonating on the wrong frequency. It also explores the dynamics of Bitcoin mining, including mining center setup time, payback time for miners, and the transfer of mining equipment ownership in case of bankruptcy.
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