WS1408: Bitcoin Mining and the Technology Behind It with Kristine Cranley

Aug 29, 2022

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There are often misconceptions about who uses Bitcoin––criminals. But what people fail to understand is that Bitcoin isn’t good for any criminal activity. Why? Because every single transaction is recorded in the blockchain forever and is stored everywhere all over the world. Really a hassle way to clean up crimes, right?

For this episode’s guest. Kristine Cranley, shares all there is to know about Bitcoin mining and what technology fuels it to work. She shares the basics one needs to know about Bitcoin, how you store it and use it to transact, and the process of proof of stake and proof of work. Tune in and get equipped about Bitcoin mining!

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