Bitcoin mining, which has become increasingly hard nowadays, is in some ways quite similar to active investors seeking to beat the market – generating alpha
I would like to explore this analogy in this article.
BitcoinBitcoin is a cryptocurrency which can be sent peer-to-peer bitcoin network without the need of intermediaries. It is decentralized meaning it does not require a central bank to facilitate transactions.
All bitcoin transactions are verified by a network of nodes via cryptography and recorded in a public distributed ledger known as a blockchain.
Bitcoin by the time of this posting is currently trading at $9,721.29 USD. Wouldn’t it be great if we could just mine some bitcoin?
Bitcoin MiningWith digital cash, it
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