▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
#ExplainedlikeImFive #ELI5 #tech
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Ever heard someone talk about “mining Bitcoin” and just nodded along, secretly hoping they wouldn’t ask you to explain it? Yeah, we’ve all been there. This video breaks down how Bitcoin mining really works—explained like you’re five. No jargon, no math degree required.
You’ll learn what Bitcoin actually is, why the blockchain is just a giant public notebook, and how miners are basically running supercomputers in a nonstop worldwide guessing game. We’ll cover why mining takes so much energy, what “Proof of Work” actually means, and how this entire weird system keeps your digital money safe from cheaters.
By the end, you’ll finally be able to explain Bitcoin mining to your friends without sounding like you’re making it up. Spoiler: it’s less about pickaxes and more about puzzles, electricity, and rewards.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
