Basics_05: How Bitcoin Works (Proof of Work & Mining)
Blue Collar Bitcoin

Basics_05: How Bitcoin Works (Proof of Work & Mining)

30 Apr • 1hr 42m
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Show Notes

Bitcoin Basics Series Episode 5. In this chat Daz, Seb, Dan & Josh dive into the mechanics of HOW Bitcoin mining works, and why it is so fundamental to the protocol. Proof of Work is the centerpiece to merging the physical and digital world. This is part 5 of a multipart series.
Full Bitcoin Basics Series here
BCB Pod disclaimer here
Watch video of this chat on YouTube here
Time Stamps:
03:00 - Intro chat
07:20 - Internet dog scams & the future of internet security
15:05 - What is Bitcoin Mining?
27:00 - Hashing, Blocks, Nonces
48:00 — Bitcoin’s REAL world connection & the halvings
55:00 — The Difficulty Adjustment & Bitcoin keeping its OWN time
01:11:00 — Proof of Work environmental impacts, energy implications & dismantling PoW FUD 
Daz’s pick —  Blockchain Demo
Seb’s pick —  Bitcoin Mining 101 on WBD w/Harry Sudock
Josh’s pick — Learn me a Bitcoin 
Dan’s pick — Immutability and Proof of Work w/Andreas Antonopolous

“B is for Bitcoin” by Seb & Daz
Looking Glass Education
Hash Calculator
5 Minuite ColdCard Video

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Twitter: you can follow us @blue_collarbtc, follow Daz @dazbea1, follow Seb @Sebbunney
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Video on YouTube. Subscribe Here

EMAIL: Send questions or comments to
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1,021 sats
1 May
This series is amazing. Friends/Fam have a hard time wrapping their head around how mining works and you explained it so well! And to then parlay it into the energy rabbit hole was masterful. I agree that the energy components will be insanely beneficial to humanity. Bitcoin…..the Swiss Army knife.
888 sats
2 May
loving this series. this episode was 🔥. keep it up boys
500 sats
2 May
500 sats
8 May
250 sats
1 May
123 sats
5 May
This is a fantastic episode. Good job guys 🤙⚡️