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?

Postby Trev » 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: 70
Joined: Mon Apr 10, 2017 10:45 am

Re: Is BTC mining essential for security reasons?

Postby safa » 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.

Who is online

Users browsing this forum: No registered users and 1 guest