Why are so many bitcoin miners going bankrupt? We discuss the economics of bitcoin mining, how the difficulty adjustment works, why it makes bitcoin mining a zero sum game, and why it ensures bitcoin is optimized for the saver, not for the miner. Plus, what are the things you need to keep in mind if you are considering getting into mining?
CrowdHealth – get the tools you need to affordably break free from the insurance system – https://www.joincrowdhealth.com/
Coinbits – get better at money with bitcoin – https://coinbits.app/
CoinKite – Bitcoin Security and Fun Devices – https://coinkite.shop/bitcoinstandard
Bitwage – get paid in Bitcoin regardless who you work for – https://bit.ly/3FWDYtA
Saifedean’s first book, The Bitcoin Standard:
Saifedean’s second book, The Fiat Standard:
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