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bitcoin

Blockchain Energy Authentication and the Cheaters’ Nightmare

By Energy Rant No Comments
One sign of a good teacher is how many things stick with a student through life. As I thought through the Bitcoin maze, I thought of the following gems I collected from my personal finance instructor: Anything is worth what someone else is willing to pay for it (I add my own to this – everything is for sale if the price is right). You will never grow broke taking a profit. If the price isn’t zero, it can always go lower. The most likely price in the future is the current price. Those statements apply mostly to securities, and...
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Bitcoin Energy Crypto Hash Nonce Cents ;-)

By Energy Rant No Comments
At Michaels, we believe that understanding the big picture is critical to doing things right. Understanding can be an anchor to knowing what makes sense, or it involves the objectives of the client, so I know why my little brick is important to building the cathedral[1]. This post is not merely about Bitcoin, but starts with energy implications, setting the stage for applications related to our industry. Currency What is currency? It is something physically small or virtual. A somewhat old virtual currency is the personal check, which is a contract to assign virtual dollars from one account and deposit...
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