Intro: Real World Mining

We’ve seen and understood mining from the theoretical and technical side, but what does it look like in practice? In this section, we’ll see what mining operations look like in the real world.

Theory and practice often differ in a lot of scenarios, and this is definitely the case in Bitcoin.

We’ll see that while the initial goal of Bitcoin was to be decentralized, honoring the “one CPU one vote” mantra, this could not be farther from the truth.

ASICs