@shimmeringsoulz
Security. Mining makes the Bitcoin network incredibly secure. To launch an attack on the network, an attacker would need to control more than 50% of its computing power, which is practically impossible.
Issuance of new coins. Mining is the only way new Bitcoins enter circulation. This process is strictly regulated by code, ensuring a predictable and deflationary issuance.
In summary: Mining is not just a way to earn money. It is a key mechanism that ensures the security, decentralization, and issuance of Bitcoin.
What do you think is more important: the security of PoW or the energy efficiency of PoS? Share your opinions in the comments 👇
#belaunch #crypto #btc