SLP478 Debunking Digiconomist on Bitcoin Mining with Ben Gagnon
Stephan Livera Podcast
00:00
The Importance of Energy Efficiency in Bitcoin Mining
The majority of what Bitcoin miners do on a daily basis is prevent bad changes from happening to the network. Transactions are secondary, like transactions are happening every single block,. But the miners function is to secure the network, not to process your transaction. The whole reason why we put more and more money into infrastructure is to make the network more and more secure - not pump out more and more transactions.
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