What math problems are Bitcoin miners solving?

What math problems are Bitcoin miners solving?
May 16, 2019

Without Bitcoin miners, the network would be attacked and dysfunctional. The role of miners is to secure the network and to process every Bitcoin transaction. Miners achieve this by solving a computational problem which allows them to chain together blocks of transactions (hence Bitcoin’s famous “blockchain”).

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[jokerbookshop]

so when people quit mining the whole system becomes vulnerable to cyber attacks and everything collapses? 🤷

[malakadil]

You are saying its not solving anything, just a fake currency n people are trading for real money .

[PeopleWHYS]

*💬 Do you have any questions? Insert a comment, like this:*
“QUESTION: What’s the scariest non-horror movie?”

[jakethesnek]

You answer the question without answering the question you Dingus.

[iiiitzPanda]

wow. great explanation and this is an absolutely helpful video.... i mean extremely useless video.

[johnnyjerseyshardest]

Bitcoin makes zero sense and it’s somehow 60 grand

[UberMegustador]

Oh..it was my understanding that they solve problems for scientific research such us unwrapping proteins and stuff like that but it is all done for the crypto.. This shit has become even less interesting and pointless

[williamhild]

This told me nothing. What a weak effort for a video.