“Those most efficient with their energy, will account the most sats”
The evolutionary journey of Bitcoin mining paints a vivid picture of the relentless drive towards efficiency. It all began with regular computer CPUs, which miners used in the nascent stages of Bitcoin’s development. However, as the network’s complexity and the mining competition surged, the CPU’s limitations became apparent. Soon, GPUs stepped into the limelight, offering greater computational prowess.
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This video is for educational and informational purposes only and should not be considered as financial advice or an investment recommendation.
The opinions expressed herein are solely those of the presenter and do not reflect the views of Hashpower Academy. Information is provided ‘as is’ and without warranties, either expressed or implied. We do not guarantee its accuracy or completeness. Investing in cryptocurrencies involves significant risk and should be undertaken only by individuals who can afford potential losses. Viewers are advised to conduct their own research and consult a qualified financial professional before making any investment decisions.
Video Transcript:
[Music] there is a golden rule in earning the most amount of Bitcoin possible and that Golden Rule is those of you who are most efficient with your energy resources will account the most amount of Bitcoin what do I mean by this well mining machines sit on the bridge between the electrical physical world of Bitcoin and the cyberspace information world of Bitcoin which is the compute power and that’s exactly what mining machines do they convert electricity into hash power and that conversion is different in different machines so at the beginning of bitcoin’s history 15 years ago you just needed a laptop where you could do a few a few thousand calculations per second but the latest machines they do 100 trillion calculations per second a very huge jump and what’s caused that is constant research and development into chip technology to make the machines faster and faster because you want to be converting your electrical cost into hash power which produces you Bitcoin as revenue and so the second part of that is the calling systems different miners have use different systems to remove that heat because if the machine gets too hot it starts producing less hash power which means less revenue and so you don’t want your cost to be really high and you want your Revenue to be really low have you ever been on the computer wondering to yourself why is it so slow why is it making so much noise and you’ve got 20 tabs open in your browser and five applications running that’s probably the answer and so mining machines are absolutely no different if they get too hot they underperform and so you need an effective cooling system to make sure that air is blowing through the system to remove the Heat and so new technologies have been developed such as immersion and hydro which both act as a system of ing the machine in a liquid and removing the heat through the liquid and cycling back cool liquid into the [Music] system
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