5min chapter

The "What is Money?" Show cover image

WiM056 - The Saylor Series | Episode 14 | Bitcoin’s Seven Layers of Security #1

The "What is Money?" Show

CHAPTER

The Bicoin Mining Network Is Rotating From Energy Intensity to Technology Intension

The bicoin network is rotating from energy intensive security to technology intensive security, like gade. One day there'll be ten million mining rigs, and they will be a hundred times more efficient than anything we have to day. That means that 99 % of the hash power will come from that generation of mining rigs. It's not hard to see this, rightit it's in your iphone. Your phone has more processing power than the space shuttle had.

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