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16
Interesting, why would Ted Cruz visit a bitcoin mining facility? (media.greatawakening.win)
posted 2 years ago by grandestninjabiscuit 2 years ago by grandestninjabiscuit +16 / -0
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Comments (10)
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– deleted 2 points 2 years ago +2 / -0
▲ 1 ▼
– AlFreeman 1 point 2 years ago +1 / -0

If that was how it worked we could never turn off our computers. And if the lights go out forever, then who gives a shit about money at all at that point, it'll be pure survival.

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– grandestninjabiscuit [S] 1 point 2 years ago +1 / -0

Most BTC mining companies like the one Ted Cruz is visiting runs off Oil refinery offgassing converted to a generator there on site. Not connected to the grid. I’m not worried

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▲ 1 ▼
– grandestninjabiscuit [S] 1 point 2 years ago +1 / -0

This is not true - you can save a copy of the blockchain on your laptop and save your BTC offline on a cold wallet which you 💯 should do!

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▲ 2 ▼
– AlFreeman 2 points 2 years ago +2 / -0

Hope he's thinking of Bitcoin as a lifeboat if inflation becomes hyperinflation.

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▲ 1 ▼
– grandestninjabiscuit [S] 1 point 2 years ago +1 / -0

Buy a little BTC Insurance. Will a long way. If this is true

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– wisconsheepgirl 2 points 2 years ago +2 / -0

Explain exactly WHAT is being mined? I truly don't understand.

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– grandestninjabiscuit [S] 1 point 2 years ago +1 / -0

The miners hash rate keep the blockchain current check out blockchain in real-time at https://mempool.space - all those miner ensure when you Exchange money between wallets peer to peer. The Block chain stays current. With all the exchanges from the beginning of time

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– wisconsheepgirl 1 point 2 years ago +1 / -0

Thank you for taking your time to respond, OP. But I'm at 5 year old level. It still went way over my head.

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– grandestninjabiscuit [S] 1 point 2 years ago +1 / -0

Don’t worry BTC is over the target and will get down votes.

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