Blockchain Mining Tech

As the difficulty of mining increases, it becomes harder for individuals to mine cryptocurrencies. Mining pools were created as an answer to this problem. They enable solo miners to participate in the process of getting new coins 💰

Mining pool participants collaborate and pool their hardware resources to increase their chances of finding a block. Sounds complicated? We explain it in simple words in the “What are mining pools?” section of the Knowledge Tab ✨

The words were spoken by South African intellectual, speaker, policy advisor and cofounder of influential think-tank Free Market Foundation, Leon Louw.

He claims that Bitcoin might revolutionize more than money or economics and that it could transform the role and nature of government. What's your opinion?