Bitcoin mining is a lot like reindeer mating ๐Ÿช™๐Ÿ’–๐ŸฆŒ





โ–ถ Coinbase Website: Coinbase.com
โ–ถ CEX Website: cex.io

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Bitcoin and other blockchain technologies, like NFTs, work a lot like reindeer mating.

LEARN MORE
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To learn more about this topic, start your googling with these keywords:
– Bitcoin: a digital currency known as a cryptocurrency, which uses a proof-of-work consensus to validate transactions and create new units of Bitcoin.
– Proof-of-work: a decentralized consensus mechanism that requires members of a network to expend effort solving an arbitrary mathematical puzzle to prevent malicious activity
– Blockchain: a record of transactions made in Bitcoin or another cryptocurrency maintained across several linked computers, which can also be used in non-cryptocurrency applications
– Mining: the process of validating transactions and creating new Bitcoin or other cryptocurrencies
– Sexual selection: a form of natural selection driven by competition between members of a species of one sex for access to mating partners of another sex that favors certain characteristics

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Juliรกn Gustavo Gรณmez (@TheJulianGomez) | Script Writer and Narrator
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Aldo de Vos | Illustration, Video Editing, Animation, and Music

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Sarah Berman โ€ข Arcadi Garcia i Rius
David Goldenberg โ€ข Juliรกn Gustavo Gรณmez
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REFERENCES
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Antonopoulos, Andreas M. “Mastering bitcoin.” (2019)

Brennan, P. โ€œSexual Selection.โ€ (2010) Nature Education Knowledge 3(10):79

Cambridge Bitcoin Electricity Consumption Index (CBECI), University of Cambridge,

de Vries, Alex. โ€œBitcoin Energy Consumption Index.โ€ Digiconomist, 6 Nov. 2021,

Goss, Richard J. Deer antlers: regeneration, function and evolution. Academic Press, 2012.

Panko, Ben. โ€œGo Big or Go Generic: How Sexual Selection Is like Advertising.โ€ Smithsonian Magazine, Smithsonian Institution, 6 Dec. 2016,

โ–ถ Coinbase Website: Coinbase.com
โ–ถ CEX Website: cex.io



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