Need For Mining Bitcoins Training Ppt
The slide states that since bitcoins are digital records, there is a danger of copying, counterfeiting, or spending the same coin twice. Mining overcomes these difficulties by making it exceedingly expensive and resource-intensive to accomplish one of these things or hack the network. With these things in place, it is significantly more cost-effective to join the network as a miner than to try to sabotage it.
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