D++: Understanding Bitcoin Mining Simply

Coin Stories with Natalie Brunell

D++ is a computer engineer, coding professor, entrepreneur, and #Bitcoin educator known for her work in pioneering PLEBNET, a community dedicated to furthering Bitcoin's Lightning Network adoption worldwide. She also recently started corporate Bitcoin education company Cypher Institute. Follow her at www.twitter.com/D_plus_plus REFERRAL LINKS:

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Timecodes:

00:00 Promo codes

01:58 Explaining the meaning behind D++

04:41 What is C++?

05:12 Always interested in computer science?

05:42 Discovering BTC

06:16 Understanding Bitcoin mining

06:48 Simplest explanation of Bitcoin mining

07:38 Hashing operations

10:52 SHA-256

13:15 Same input will yield same output

14:53 SHA-256 demonstration

17:02 Bitcoin mining and blockchain demonstration

18:47 What is a nonce?

22:00 BTC mining computers aren't solving cryptographic puzzles

23:50 Finding the nonce

26:46 iTrustCapital break

27:34 Fold app break

28:07 Difficulty target adjustment and importance

30:04 Difficulty target is like a bicycle lock

32:08 Miners and nodes

33:17 Why is understanding BTC intimidating?

34:01 Why is the Bitcoin network rock solid?

34:47 Energy consumption

36:39 Mining pools

38:12 Threats to Bitcoin?

38:31 Cypher Institute: corporate Bitcoin education