Bitcoin’s difficulty-adjusted proof-of-work is the innovation. Without it, trustless digital scarcity and immutability is impossible.

Read the following, in order:

1. A failure to understand proof of work is a failure to understand Bitcoin
2. Memes vs The World - How information differs from physical objects
3. Bitcoin is Time - How Bitcoin decentralizes time itself
4. Bitcoin’s Energy Consumption - A shift in perspective

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Visit endthefud.org/PoW for a collection of articles that explain why proof-of-stake is a non-solution to the problems that Bitcoin solves.

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Data & Reports

• 2022: How Bitcoin Mining Can Transform the Energy Industry
• 2022: Q2 Global Bitcoin Mining Data Review
• 2021: Q3 Global Bitcoin Mining Data Review
• 2021: Bitcoin is Key to an Abundant, Clean Energy Future

Reports by Arcane Research, the Bitcoin Mining Council, and the Bitcoin Clean Energy Initiative.

Conversations

• 2022-08-18 Bitcoin Infinity Podcast #8
  on proof-of-work, Value4Value, and Privacy, hosted by Ram & Krishna
• 2022-08-05 Presentation at Strike HQ #1
  on proof-of-work, time, energy, and information, hosted by Jack Mallers
• 2022-07-12 Blue Collar Bitcoin Podcast (1) #64
  on proof-of-work, intersubjective value, butt plugs, and how shitcoins are camouflage for bitcoin, hosted by Josh & Dan

All conversations »

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