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Moore’s Law in the Digital Age: Impact on Bitcoin Mining, Cloud Computing, and Beyond

Moore’s Law in the Digital Age: Impact on Bitcoin Mining, Cloud Computing, and Beyond Moore’s Law, introduced by Gordon Moore in 1965, has been a cornerstone in the world of technology, predicting the exponential growth of computing power over time. This article explores the enduring relevance of Moore’s Law in 2023 and its impact on …

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Metcalfe’s Law: The Network Effects of Bitcoin

Metcalfe’s Law: Metcalfe’s Law is a fundamental principle used to comprehend the network effect of communication systems such as cryptocurrencies and blockchain networks. Metcalfe’s Law was first used in the telecommunications industry, and has subsequently been applied to several social and technological networks. Metcalfe’s Law was created by Robert Metcalfe, the co-inventor of Ethernet, and …

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Bitcoin’s Scarcity: A Comparative Analysis with Traditional Asset Classes

At the core of Bitcoin’s value proposition lies its scarcity, a unique feature that sets it apart from traditional asset classes. Unlike fiat currencies subject to inflationary pressures from central authorities, Bitcoin boasts a capped supply of 21 million, a predetermined scarcity embedded in its protocol that shields it from manipulation by any central entity. …

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Proof of work / Hash rate / Computational power

Intro: Bitcoin, operating on the principles of mathematics and cryptography, relies on key concepts such as digital signatures, hash functions, and the intricate relationship between hash rate and proof-of-work mining. This short article aims to elucidate these concepts and their significance in securing the Bitcoin network. Hash Rate: Hash rate, a pivotal metric in the …

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