So, what does this jumble of 1s and 0s do to create wealth?
You mean like the vast majority of money the Fed creates worldwide? Just 1s and 0s?
This is one of those moments in time when everyone on the planet has the potential to become rich and free themselves from the likes of Bidennomics.
Those 1’s and 0’s are going to make some well off and other super rich.
I invested 30K in equipment and have mined 34 Etherum so far - they are worth now about 134,000 USD - I invested another 15k into my coinbase account into bitcoin when it was 4500 and have been rewarded nicely. Bitcoin will never exceed 122M and proof of work and proof of movements keep it from exploitation.