Go Full Crypto

5: How Bitcoin Mining Works

August 2, 2020

Bitcoin is the first currency to offer an alternative way to manage a money supply. In this episode, we discover what bitcoin mining is, and how it relates to bitcoin's finite supply of 21 million coins.

 

Mrugakshee and Keegan contrast the way that bitcoin regulates its supply vs. the way that governments around the world regulate their own supply of money.

 

This episode builds upon knowledge learned in episode 3 of the Go Full Crypto podcast.

To further reading on this matter, read the blog post written by Keegan Francis on How to Understand Bitcoin Mining.

 

For more information, visit gofullcrypto.com

 

The thoughts and opinions expressed by Keegan Francis and Mrugakshee Palwe on the Go Full Crypto podcast, are solely their own. Please view the full disclaimer at Go Full Crypto Disclaimer.

 

Play this podcast on Podbean App