Bitcoin mining is a lot like reindeer mating πŸͺ™πŸ’–πŸ¦Œ

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Published on 24 Dec 2021, 17:57
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Bitcoin and other blockchain technologies, like NFTs, work a lot like reindeer mating.

LEARN MORE
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To learn more about this topic, start your googling with these keywords:
- Bitcoin: a digital currency known as a cryptocurrency, which uses a proof-of-work consensus to validate transactions and create new units of Bitcoin.
- Proof-of-work: a decentralized consensus mechanism that requires members of a network to expend effort solving an arbitrary mathematical puzzle to prevent malicious activity
- Blockchain: a record of transactions made in Bitcoin or another cryptocurrency maintained across several linked computers, which can also be used in non-cryptocurrency applications
- Mining: the process of validating transactions and creating new Bitcoin or other cryptocurrencies
- Sexual selection: a form of natural selection driven by competition between members of a species of one sex for access to mating partners of another sex that favors certain characteristics

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CREDITS
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Julián Gustavo Gómez (@TheJulianGomez) | Script Writer and Narrator
Ever Salazar | Director
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REFERENCES
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Antonopoulos, Andreas M. "Mastering bitcoin." (2019)

Brennan, P. “Sexual Selection.” (2010) Nature Education Knowledge 3(10):79 nature.com/scitable/knowledge/...

Cambridge Bitcoin Electricity Consumption Index (CBECI), University of Cambridge, ccaf.io/cbeci/index.

de Vries, Alex. “Bitcoin Energy Consumption Index.” Digiconomist, 6 Nov. 2021, digiconomist.net/bitcoin-energ...

Goss, Richard J. Deer antlers: regeneration, function and evolution. Academic Press, 2012.

Panko, Ben. “Go Big or Go Generic: How Sexual Selection Is like Advertising.” Smithsonian Magazine, Smithsonian Institution, 6 Dec. 2016, smithsonianmag.com/science-nat...
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