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What type of energy does Bitcoin consume?
Alexander Borulev Alexander Borulev

What type of energy does Bitcoin consume?

Bitcoin mining is a very energy-intensive process. An enormous amount of electricity is consumed by powerful computers to solve complex mathematical equations.

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Three Fundamental Concepts Behind The Bitcoin Blockchain
Alexander Borulev Alexander Borulev

Three Fundamental Concepts Behind The Bitcoin Blockchain

“When I encounter Bitcoin enthusiast, I often ask them to explain some of its underlying concepts and theories, such as the Merkle tree or the Elliptic Curve Digital Signature Algorithm, or to describe Bitcoin as an equilibrium of a congestion-queuing game with limited throughput” (c) Robert Shiller

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