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/rc744Z9IjhYChapters
0:00 There has been a lot of talk about bitcoin mining as a way to get rich
0:42 You don't need to know how Bitcoin mining works, or why it works, in order to use Bitcoin
1:03 Media in Sweden are describing mining as something dark. It certainly sounds dark. I know miners and they are....[digging gesture] "mining" coal. It sounds like a lot of hard work
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/RELATED:
What is the role of nodes? -
https://youtu.be/fNk7nYxTOyQLightning, full nodes, and miners -
https://youtu.be/dlJG4OHdJzsSolar energy and mining in space -
https://youtu.be/cusakcpa8AMWhy I earn bitcoins instead of buying them -
https://youtu.be/Ci7TyD8jETYThe end of mining centralisation -
https://youtu.be/2-fUosBOu58Why has mining centralised in China? -
https://youtu.be/8iyOKlzEe-0Is the centralisation of mining in China a problem? -
https://youtu.be/GGwHIHBsjbUWill hardware advancements help re-decentralise mining? -
https://youtu.be/BuqZvdA08JEThe Halvening 2016 -
https://youtu.be/tMP-24ej81wCould a state-sponsored 51% attack work? -
https://youtu.be/KUd8ZGgm6QoWill governments ban cryptocurrencies? -
https://youtu.be/LIQkuF_I5XoMigrating to post-quantum cryptography -
https://youtu.be/dkXKpMku5QYFee markets, SegWit, and scaling -
https://youtu.be/zxt-FLzZPhgBitmain and the ASICBoost allegations -
https://youtu.be/t6jJDD2Aj8kIs Bitcoin a democracy? -
https://youtu.be/TC3Hq76UT5gDecentralization and the Architecture of Trust -
https://youtu.be/wSRN8PUhHX0Hardware, Software, Trustware -
https://youtu.be/Etyjc1JdmFUAndreas 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/aantonopWebsite:
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=UTF8MASTERING 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/1491954388Subscribe to the channel to learn more about Bitcoin & open blockchains!
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/aantonopMusic: "Unbounded" by Orfan (
https://www.facebook.com/Orfan/)
Outro Graphics: Phneep (
http://www.phneep.com/)
Outro Art: Rock Barcellos (
http://www.rockincomics.com.br/)
Join the aantonop Channel:
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