The Bitcoin-Halving Crash-Course – What Is It & Why It Matters | ZeroHedge
Authored by Mark Jeftovic via BombThrower.com,
The Honey Badger’s fourth halving is special for several reasons.
The Bitcoin blockchain is secured by “Proof-of-Work” (PoW) – which is known as “mining”. In simple terms, it uses specialized computers (ASICs) which are optimized to solve a cryptographic math problem – a big one.
The number of computations per second is measured in TerraHashes (TH/s). One TerraHash is a trillion computations. The current hashrate (more…)