Bitcoin Q&A: What is mining?

What is mining? Does it work as a business model? Mining – particularly regarding proof-of-work cryptocurrencies like bitcoin – provides industrial infrastructure via special purpose, high performance computing with application specific integrated circuits (ASICs) to ensure security of the network. But the media don’t describe it like that, because talking about the “dark web” gets more clicks and sells newspapers. The early internet was also described as an obscure technology only for geeks and criminals. People are afraid of change and we’re still in the early days of cryptocurrencies.

Watch the full talk here: https://youtu.be/rc744Z9IjhY

This talk took place at the Internet Days (“Internetdagarna”) conference during November 20-21st 2017 at the Waterfront Congress Centre in Stockholm, Sweden: https://antonopoulos.com/event/the-internet-days-stockholm-sweden/

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The end of mining centralisation – https://youtu.be/2-fUosBOu58
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Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop
Website: https://antonopoulos.com/

He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters.

THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8

[NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8

MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042

[NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388

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If you want early-access to talks and a chance to participate in a monthly LIVE Q&A with Andreas, become a patron: https://www.patreon.com/aantonop

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (http://www.phneep.com/)
Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

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