HOW DO YOU EXPLAIN BITCOIN MINING?!? BOOKMARK this one for the next time your friends, family, colleagues, or classmates ask what Bitcoin mining actually is 😎 It always helps me to hear it again. Thanks Yan at Swan for the framework!

@LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Wrote this one up so it's easy to share:

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Bookmarked for sharing! Explaining Bitcoin can be hard. Explaining Bitcoin simply, even harder.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us 👍

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Bitcoin mining allows you to pick up and move the value of energy without connecting to a grid. In terms of converting energy to value, you're building a power plant where the only connection needed to the outside world is an internet connection.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us bookmarked, this is the kind of explanation that makes bitcoin mining finally click for non-crypto people

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Yan’s book is great, highly recommend reading it. Also worth getting a lottery miner for your desk to better understand Bitcoin mining. I learned a lot when I set mine up and it’s a fun way to basically have a lottery running 24/7/365 right from your office

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us 🔥🔥

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Thankyou. So well explained and at a recyclable pace for my brain 😉😊 Legend 👌

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Incredible!! Great explanation never heard it put that way before!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us chapter 4!!!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Unbelievable- can I post this in instagram? Could u put the swan logo up there? That'd be great to bring people in.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Yeah of course you can. We will post it there later today anyway if you want to just repost ours.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us bookmarked ✅ this is exactly the kind of clear framework people need when explaining mining to non-crypto folks

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Great explanation!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Simple and beautiful

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us @CorySwan Thank you for this as it did help to explain it to friends/family. Keep the Learning coming sir!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Bookmarked. I love these videos!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Dude how can you remember all this in such detail...wow...thanks for this explanation.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Excellent summary! Btw, i run a node on a surplus laptop here at home It’s easy, and i am very proud to participate in something that i firmly believe is making for a better world

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us @grok I still have trouble understanding what is a hash and how do miners know when they have a correct answer. answer to what?? Everthing else makes sense to me now 😂

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us This book is amazing 👌

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Loved this explainer. Thank you Cory!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Great to hear!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Love this @CorySwan

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us By far the best and simplest into book to Bitcoin I've read, and the one that got me convinced of the power of BTC. Thanks for the explanation @CorySwan (great to share with friends indeed) and thanks for the book @skwp !

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us The network validates the block, not how many miners searched for it. A pool uses shares to account for each miner's contribution. The chain records the block.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Will you do a video on the security problem? Because btc doesn’t scale, nobody uses it as actual money. And because fees wont replace the subsidy, btc has a real security problem. Epstein coin rugged our life raft in the ocean of fiat.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Yeah I might do a video explaining to shitcoin victims why it isn’t a problem

I've heard you say btc will become a sovereign asset before it becomes money. You must well know it will never become money, threaten fiat systems, free people from fiat slavery, or do what it was destined to as per white paper. It's a scaling issue. Btc can be a sovereign bank asset, or the sovereign peoples asset, but not both. It's my primary holding, but it's still just a dirty Epstein coin.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us saving this to explain Bitcoin to normies

Nodes can't enforce shit. Miners do. Nodes can reject blocks. But miners don't have to give any fucks about what non-mining nodes have to say about anything, and continue to create subsequent blocks on their chain, or the longest chain presented by other mining nodes. Nobody gives a flying fuck about a normie nodes blocks, especially if it's a shorter chain of them, which they can never make longer because they aren't mining nodes.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Brilliant 🔥

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Thank you, this was great!!!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Mining sounds way harder than it is

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Useful Bitcoin angle. The strongest conversations still come back to custody, liquidity, scarcity, and what holders can independently verify.

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Keep going Cory!!

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us No idea how you went through this whole thing without saying "UMM". You're sharp as a tack

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us bookmarking this, always need a simple way to explain it

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us Great video 👍

@skwp @LynAldenContact @Swan @BitcoinPierre @jimmysong @adam3us solid explanation 🟧⛏️