[LINK] Bitcoin and global warming

[Johann Kruse]

There's a fantastic overview of Bitcoin and BlockChain in a recent episode
of the After On podcast. An interview with the co-founder of Coinbase, Fred
Ehrsam - http://pca.st/episode/427e60d6-8f20-4231-8a6a-fe6f24077280
On Sun, 17 Dec 2017 at 17:56, David Lochrin <dlochrin at key.net.au> wrote:

> On 17/12/2017 09:39, Bernard Robertson-Dunn wrote:
> > The Hard Math Behind Bitcoin's Global Warming Problem
> > https://www.wired.com/story/bitcoin-global-warming/
>
> Does any Linker understand where the cryptographic "puzzle" fits in
> Bitcoin architecture?  Is it just an arbitrary task providing no
> added-value, like digging holes then filling them up again?  Or is it
> solely to regulate the rate of bitcoin creation?
>
> SHA-256 mentioned in the article is a hashing algorithm, not an encryption
> algorithm.
>
> I was part-way through Bernard's linked article when the power went out;
> maybe too many people mining bitcoins?
>
> David L.
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