MINING E PROOF OF WORK su BITCOIN: Come funzionano? | Corso BASE di CRYPTO ep. 3

Bitcoin Mining and Proof of Work... How exactly do they work? I'll explain it to you simply but thoroughly! Stay tuned: https://thecryptogateway.it/ Here we are with the third episode of the basic cryptocurrency course, where we delve into the world of distributed consensus algorithms. This time we'll talk about mining, the most famous form of mining, which allows you to secure the Bitcoin blockchain and create new bitcoins. We all know these basics, but how exactly does it work? In this video, you'll discover it, step by step! Topics covered: 00:00 Intro 03:20 Byzantine Fault Tolerance 07:40 Distributed Consensus 09:25 Distributed Consensus Algorithms 10:45 Proof of Work: What is it and how does it work? 13:40 The hashing function 17:10 Mining: How does it work? 3:10 PM Hashrate or hashpower 10:35 PM Difficulty and its crucial role 1:00 PM The birth of mining pools 1:00 PM What is a 51% attack Download the slides: https://drive.google.com/file/d/1Xb7V... Thanks for following me, and... see you next time! -------------------------------------------- 👨🏻‍🎓Want top-level 1-on-1 training? Contact us at [email protected] PLATFORMS AND EXCHANGES I USE: ⚽️Earn CRYPTO by playing FANTASY FOOTBALL: https://bit.ly/Sorare_Bonus 📈Best exchanges: FTX - free SEPA and CRYPTO withdrawals and deposits, 5% discount on fees forever: https://bit.ly/FTX_Exchange Bybit - over $1,000 bonus for new members: https://bit.ly/ByBitExchange 📈20% discount on Binance fees FOREVER: https://bit.ly/BinanceSconto20 🤖Easiest crypto trading BOT: Bitsgap (14 days free PRO) https://bit.ly/BitsgapPRO 💰PASSIVE income on Bitcoin and Stablecoins (up to 15% per year!): Ledn (platform with external deposit audits) https://bit.ly/Ledn_io Nexo ($100 BONUS upon registration and 12% APR on the EURO): https://nexo.sjv.io/welcomebonus 🔗Unstoppable Domains: Uncensorable NFT Domains https://unstoppabledomains.com/?ref=t... 💳$25 free on crypto.com: https://platinum.crypto.com/r/TheCryp... (referral code: thecryptogateway) 📈$50 free on crypto.com Exchange: https://crypto.com/exch/thecryptogateway 🔗 Best On-Chain Analysis Tool: https://bit.ly/Into_The_Block 💰Are you a HODLER? Buy a Ledger Nano! https://bit.ly/LEDGERNANO 📈Charting platform used: TradingView. Get up to a $30 bonus with a subscription: https://bit.ly/TradingView_Bonus 🌐All my SOCIAL MEDIA channels: https://linktr.ee/thecryptogateway ------------------------------------------- FREE resources created by me: TRADING Video Course, from BASICS to COMPLETELY INDEPENDENT: https://thecryptogateway.it/trading-c... TECHNICAL ANALYSIS Course (which is different from trading!!): https://thecryptogateway.it/trading-a... DEFI Course for Beginners: https://bit.ly/CorsoDeFi -------------------------------------------- Best Italian Crypto Telegram Groups The Rock Trading Italia: https://t.me/trtchat_it ITA Crypto Community. com: https://t.me/Cryptocom_IT Binance Italy (Official Telegram Group): https://t.me/BinanceItalian FTX Italy (Telegram Community): https://t.me/FTX_Italian ------------------------------------------- NB: This video is NOT intended as financial advice or a promotion of investments or investment platforms. These are simply my opinions and insights, which I am happy to share with you for educational purposes, confident that you will think for yourself and make your own decisions! Cryptocurrencies are volatile and high-risk assets. Make sure you fully understand them before making any transactions. Some links shared in the description and comments are referral and affiliate links, which I earn if used.