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Writer's pictureFahad H

Bitcoin Q&A: Mining, vitality costs, and charge market


Is it nonetheless worthwhile to mine bitcoin when the value drops? Is the discount in vitality costs harmful for Bitcoin? Will transactions charges rise dramatically in 2140 when the block subsidy goes to zero?

These questions are from the second and fifth classes of MOOC 11, which befell on February seventh and March 1st 2019, respectively. If you need early-access to talks and an opportunity to take part within the month-to-month stay Q&As with Andreas, change into a patron: https://www.patreon.com/aantonop

RELATED: Consensus Algorithms, Blockchain Technology, and Bitcoin – https://youtu.be/fw3WkySh_Ho Advanced Bitcoin Scripting Part 1: Transactions and Multisig – https://youtu.be/8FeAXjkmDcQ Advanced Bitcoin Scripting Part 2: SegWit, Consensus, and Trustware – https://youtu.be/pQbeBduVQ4I What is Consensus: Rules with out Rulers – https://youtu.be/2tqo7PX5Pyc Forkology: A Study of Forks for Newbies – https://youtu.be/rpeceXY1QBM Bitcoin: Where the Laws of Mathematics Prevail – https://youtu.be/HaJ1hvon0E0 Software distribution safety – https://youtu.be/_V0vqy046YM What is mining? – https://youtu.be/t4p4iMqmxbQ The mining course of – https://youtu.be/L4Xtau0YMJw Nonces, mining, and quantum computing – https://youtu.be/d4xXJh677J0 Iterating nonces and the block reward – https://youtu.be/tjn2aoMaFlY Miners, swimming pools, and consensus – https://youtu.be/JHz7LM4ncLw What is problem concentrating on? – https://youtu.be/h429LCTRmQw Genesis block and coinbase transactions – https://youtu.be/strhfzJ56QE Cryptographic primitives – https://youtu.be/RIckQ6RBt5E The guidelines of Bitcoin (half 1) – https://youtu.be/VnQu4uylfOs The guidelines of Bitcoin (half 2) – https://youtu.be/vtIp0GP4w1E Rules versus rulers – https://youtu.be/9EEluhC9SxE The worth of proof-of-work – https://youtu.be/ZDGliHwstM8 Migrating to post-quantum cryptography – https://youtu.be/dkXKpMku5QY Could a state-sponsored 51% assault work? – https://youtu.be/KUd8ZGgm6Qo Honest nodes and consensus – https://youtu.be/KAhY2ymI-tg Spam transactions and Child Pays For Parent (CPFP) – https://youtu.be/t3c0E4fkSNs Is Bitcoin a democracy? – https://youtu.be/TC3Hq76UT5g Decentralized energy, leaderless governance – https://youtu.be/E5VbDlQTPzU Scaling, belief, and trade-offs – https://youtu.be/vCxmHwqyJWU What is the position of nodes? – https://youtu.be/fNk7nYxTOyQ Why working a node is essential – https://youtu.be/oX0Yrv-6jVs Lightning, full nodes, and miners – https://youtu.be/dlJG4OHdJzs Running nodes and cost channels – https://youtu.be/ndcfBfE_yoY What occurs throughout a fork? – https://youtu.be/XBk8hBJ1xVo Spam transactions and Child Pays For Parent (CPFP) – https://youtu.be/t3c0E4fkSNs Energy consumption – https://youtu.be/2T0OUIW89II Solar vitality and mining in area – https://youtu.be/cusakcpa8AM Bitmain and ASICBoost allegations – https://youtu.be/t6jJDD2Aj8k

Andreas M. Antonopoulos is a technologist and serial entrepreneur who has change into one of the vital well-known and revered figures in bitcoin.

Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/

He is the writer of two books: “Mastering Bitcoin,” revealed by O’Reilly Media and regarded the perfect technical information to bitcoin; “The Internet of Money,” a e book about why bitcoin issues.

Subscribe to the channel to be taught extra about Bitcoin & open blockchains; click on on the purple bell to allow notifications about new movies!

MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9

Translations of MASTERING BITCOIN: bitcoin/” goal=”_blank”>https://bitcoinbook.info/translations-of-mastering-bitcoin/

THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs

THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ

Translations of THE INTERNET OF MONEY: Spanish, ‘Internet del Dinero’ (v1) – https://amzn.to/2yoaTTq French, ‘L’internet de l’argent’ (v1) – https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, ‘???????? ?????’ (v1) – https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, ‘Internet C?a Ti?n T?’ (v1) – https://alphabooks.vn/khi-tien-len-mang

MASTERING ETHEREUM (This fall): https://amzn.to/2xdxmlK

Music: “Unbounded” by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)

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