The Power Laws of Bitcoin
This is not investment advice. Bitcoin is highly volatile. Past performance of back-tested models is no assurance of future performance. Only invest what you can afford to lose. You must decide how much of your investment capital you are willing to risk with Bitcoin. No warranties are expressed or implied.
Power creates Bitcoin. Bitcoin (BTC) encapsulates the energy in 10-minute chunks (power x time = energy). It employs electrical power to drive computational power, typically from custom ASICs specifically designed to solve the cryptographic hash…