In this video, I’m sharing an important fact about bitcoin mining. Bitcoin mining is not based on energy, but rather on time. This means that as bitcoin mining becomes more difficult, the reward for successful mining will also become smaller and smaller. This video is important because it sheds light on one of the major misconceptions about bitcoin and cryptocurrency in general. Many people believe that bitcoin and other cryptocurrencies are based on energy, when in reality, this is not the case. Bitcoin mining is based on time, not energy!
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