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Bitcoin Mining 101 with Sam Wouters (WiM320)
The "What is Money?" Show
Bitcoin's Security Budget
The incentives are tilted towards honesty, right? And basically complying with the consensus rules of the network to benefit your own self interest. We don't know how much hash rate we need to secure Bitcoin. Maybe Bitcoin is secure enough with 5% of its current hash rate where nobody's even going to bother attacking it.
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