Since it's not physical like gold or silver you don't need mining equipment, you should just be able to create infinite copies. So why does bitcoin need to be "mined" and why would mining it cost so much energy?

  • SerLava [he/him]
    ·
    4 years ago

    Yeah Musk dropped Bitcoin for his own reasons, but when that happened someone posted an amazing stat - if you bought a whole Tesla with Bitcoin, the mining time would increase the lifetime carbon emissions by like, 10x or something.