CalmRaven

I still can't say one answer between can or can't because of what, because I still don't have knowledge about market analysis like other market experts in delivering their analysis even though there is no exact…

Politicians' mouths in delivering campaign promises cannot be taken completely seriously because in the middle of the road what is said will not be implemented. However, what is happening now in the Bitcoin market price…

News about the Czech Central Bank that plans to buy billions of Bitcoin has been read? This can be a view of what the answers should be behind whether investors need to embrace and invest in Bitcoin. In short the matter…

Thank you for that. That is where the gap in my understanding was! I had thought that miners were only paid the newly created Bitcoin when they settled a transaction. And that this would be REPLACED with a fee for…

Then there is a hole in my understanding some where. My understanding was that there will be an absolute maximum number of Bitcoins in the system at some date in the future. After which no more NEW Bitcoins can be…

So I was about right then. That the power consumption issue of Bitcoin is due to the number of miners competing for the last new Bitcoins. A temporary phase. So what is the bottle neck with Bitcoin transaction…

So why does the Bitcoin verification system require the puzzle solving that uses so much power? How exactly does the verification process work with the puzzle? I have read that this method of verification makes Bitcoin…

My understanding was that if you install the bitcoin wallet software then you are automatically part of the verification network? That was the very foundation of the distributed verification network? And everyone with a…

So, I've been wondering if Bitcoin is really using up a lot of electricity because there are so many people competing for the last mined Bitcoins. Like, is there way too much computing power going into settling these…