And we're live! "The most awkward parts of a presentation are the beginning and the end." Even more awkward when you can't get the audience feedback. We're here for you Dom!
Thank you @MikeThaInvestor for hosting @DanSimerman! Dan starts out with "IOTA has seen quite a transformation" "We have taken a step back and really wanted to focus, build, and deliver." "The sleeping giant is awakening!" People don't realize the scale and scope of our vision.
Mar 15, 2021 • 5 tweets • 2 min read
This Bitcoin mining operation, with 70,000 units running around the clock, is doing the same thing that you could once do on your laptop. Mining Bitcoin does not have to be costly but the more BTC is worth, the more $$ is spent competing for it, so difficulty adjusts up.
Imagine a rare Pokemon is in my yard and it takes my kids 10 minutes to find it. Every 10 minutes a new one appears, and soon neighbor kids join the search. They find it too quickly, so the search area expands. More and more kids come, and the search area keeps expanding. Why?