North Korea?......................
Are the adults who were recorded chasing the Pokemons at night in 2016 the type that will invest in BitCoin?
I figure Bitcoin will be virtually (pun intended) worthless within next year or two. It has no legitimacy and used used to evade tax laws, launder drug and illegal profits, fund terrorism, etc. Get rid of it and other similar schemes. Want meaningful, international, currency? Use the good old U.S. dollar. Make America Great Again means re-establishing the value of the American dollar, not continuing Obama’s effort to undermine it.
The total number of bitcoin is finite. What percentage has already been mined?
Sometime in the not-to-distant future, there will be some interesting historical articles on the cryptocurrency craze. Real electrical energy requires mining of actual coal or real dams to produce that energy. Then this real resource is consumed to "mine", thru an algorithm, virtual bits representing a "currency". It is transforming something real into something intangible. Weird.
Nonsense.
The world’s largest bitcoin mine is under the streets of Cincinnati.
87% of bitcoins are mined there. The ore is pulled out of the sloping mine shafts in little mine cars with big chains and counterweight concrete blocks. These are called blockchains.
The bitcoin ore is stored in covered piles alongside leftover tulip bulbs from the 1630’s.
There are thought to be large unexplored bitcoin reserves under the Arctic National Wildlife Reserve, but their mining is being blocked by environmentalist groups.