Is BTC mining essential for security reasons?

Trev
Posts: 6
Joined: Tue Apr 11, 2017 7:40 am

Is BTC mining essential for security reasons?

Wed Apr 12, 2017 6:05 am

Is BTC mining essential for security reasons, or is it only an approach to present more Bitcoin with the BTC pool?
safa
Posts: 147
Joined: Mon Apr 10, 2017 10:45 am

Re: Is BTC mining essential for security reasons?

Wed Apr 12, 2017 6:43 am

Bitcoin mining is a security measure as it ensures that anyone trying to change the blockchain protocol will have to use a mind-boggling amount of electricity and buy some super costly equipment in order to achieve the required hash power.

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