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RE: ADSactly Crypto: Why Is the Bitcoin Hashing Rate Important?

in #bitcoin5 years ago

It wasn't quite clear to me and maybe it's because I still don't handle some elementary information. What was clear to me is that the more competition between miners, the safer and stronger the BTC network becomes. And that's good! I think that a country like Venezuela where there is a power outage at every instant and without warning, anyone who wants to mine must make a huge investment in electronic devices. It is not so easy and very expensive for any mortal. The important thing is that every week I learn a little more about cryptomedas. Thanks to you! Greetings ;)

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Funny you should mention the power outages because we having them now I’m currently sitting in the dark while typing this message! I think that as we move to more sustainable forms of energy production like solar it can help countries like ours and support mining networks