Published On: Fri, Jul 8th, 2016

At $400 Million a Year, Academic Argues Bitcoin Mining Worth the Cost – CoinDesk

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At $400 Million a Year, Academic Argues Bitcoin Mining Worth the CostCoinDeskThe University College London’s blockchain research center has found that bitcoin’s current proof-of-work (PoW) mining costs are necessary to maintain the network’s trustless and decentralized nature. In a recent research note, Tomaso Aste, a professor …

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