The truth behind Bitcoin's mining network
An important topic that needs to be discussed is Bitcoin's mining network. Many believe that the network is generally decentralized, however there's more to the story. Enjoy!
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0:00 Intro
0:48 Bitcoin and its main features
3:06 Explaining Proof of Work
4:06 Centralization within BTC network
6:12 Was all of this inevitable? According to Satoshi
7:51 Conclusion + Opinions
9:04 Can governments take over network or shut it down?
11:16 Outro
#Bitcoinmining #bitcoin #btc #bitcoincentralization