In Bitcoin We Trust Newsletter

In Bitcoin We Trust Newsletter

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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
How Bitcoin Mining Promotes a More Equitable Distribution of Wealth in the World.

How Bitcoin Mining Promotes a More Equitable Distribution of Wealth in the World.

Hint: the powerful people at the head of the current system will never tell you this truth.

Sylvain Saurel
Feb 27, 2023
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In Bitcoin We Trust Newsletter
In Bitcoin We Trust Newsletter
How Bitcoin Mining Promotes a More Equitable Distribution of Wealth in the World.
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At the heart of the Bitcoin system is the Proof-Of-Work (PoW) algorithm. It is what gives Bitcoin its superiority. PoW has given rise to a real Bitcoin mining industry. We are indeed far from the days when isolated miners could participate in the network and hope to find the next block on the Bitcoin blockchain.

It can and does happen sometimes, but it is extremely rare when you see the Hash Rate of the Bitcoin network right now:

The fact that Bitcoin consumes energy to operate is an excellent thing, contrary to what you are constantly told by politicians, central bankers, and economists who are only trying to protect the current system, which is getting closer and closer to an inevitable collapse every day.

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© 2025 Sylvain Saurel
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