Re:How Iran Uses Bitcoin Mining to Evade Sanctions and “Expo...
by siwatanejo on Saturday May 22, 2021 @10:21AM
(#27246785)
But mining doesn't grant you any power (unless you manage to accumulate 51% of it, which is in this day and age pretty much impossible for a single individual or organization). Mining is just a service that you provide (to secure the network), and you get rewarded for it.
Compare that to how monetary inflation works in the fiat world: they just press a button, et voi-la, they got their funding.
Compare that to how monetary inflation works in the fiat world: they just press a button, et voi-la, they got their funding.