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/biz/ - Business & Finance

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>> No.9773427 [View]
File: 392 KB, 2000x1293, 1527100105461.jpg [View same] [iqdb] [saucenao] [google]
9773427

>>9773410
Whoever gets it right is given the opportunity to mine (verify) the block and collect a BTC reward (the electricity costs required to mine BTC were what originally set the price. Since the equations get progressively harder to solve and thus require more electricity to verify, coupled with the fact miners are paid less BTC for each block over time, it increases BTC's value) There are more details to mining and BTC security but that's not needed to explain why it's experienced and sustained such parabolic growth.

>> No.9580695 [View]
File: 407 KB, 2000x1293, seminemNOooooooo.jpg [View same] [iqdb] [saucenao] [google]
9580695

>i don't feel so good...

boy smeminem.
NNNNNNNOOOOOOOOOOOooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo

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