In this lively conversation, Kirk David Phillips, CPA, CMA, CFE, CBP, explains the intricacies of Bitcoin mining, addressing common myths vs. realities of its environmental impact and the underlying mechanics of the Bitcoin network. He explains how mining works, the incentives for miners, and the security benefits of the decentralized system. The discussion also touches on the potential for renewable energy solutions in the mining process and the broader implications of Bitcoin's immutability in combating fraud.
📌 Subscribe, Leave a Review, and Share if you found this helpful! 
About Crypto Bullseye Zone
The Crypto Bullseye Zone™ is a crypto education website consisting of crypto courses crypto coaching for groups and individuals, and crypto consulting (personal and business), all designed to help you minimize mistakes and maximize returns.
🌐 Visit our website: https://www.cryptobullseye.zone/ 🎓 Take the Crypto Mindset course https://www.cryptobullseye.zone/the-c... ✍️ Subscribe to our blog: https://www.cryptobullseye.zone/subsc... 🛤️ Follow us on Facebook:   / cryptobullseye.zone   💬 Join our conversation on X:   / cryptobullseyez   🔗 Connect on LinkedIn:   / cryptobullseyezone  
 

Ver todos los episodios