Mining

To form a distributed timestamp server as a peer-to-peer network, bitcoin uses a proof-of-work system.

  • 2 ratings, 4 students enrolled

Course Overview

To form a distributed timestamp server as a peer-to-peer network, bitcoin uses a proof-of-work system.The work in this system is what is often referred to as bitcoin mining. The signature is discovered rather than provided by knowledge. This process is energy intensive. Electricity can consume more than 90% of operating costs for miners. A data center in China, planned mostly for bitcoin mining, is expected to require up to 135 MW of power.

What are the requirements?

  • None

What am I going to get from this course?

  • To teach students about mining bitcoin

What is the target audience?

  • Miners and others interested in mining

About the Author

Course Curriculum

Start Here

  • Introduction
     

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