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How Bitcoin Works: Nodes, Miners, and Mempool Explained!

How Bitcoin Works: Nodes, Miners, and Mempool Explained! 00:00:00 What's Bitcoin All About? 00:01:55 Nodes Keeping Bitcoin Connected 00:04:03 The Hard Work of Miners 00:04:39 How Mining Makes Bitcoin Safe 00:06:26 Transactions in the Mempool 00:07:01 How Miners Choose Transactions 00:07:36 Why Transaction Costs Go Up and Down 00:08:09 A Public Ledger in the Sky 00:08:43 The Power of Bitcoin 00:09:19 The Future of Money? Bitcoin's Potential Impact 00:09:53 Bitcoin's Intricate Dance Become a channel member and be eligible for hashrate giveaways:    / @retromiketech   ------------------- BC-PC Hardware: https://efad6d-2.myshopify.com/r?id=2... Home Mining HW: https://bitcoinmerch.com/?aff=461 BTC Home Mining HW: https://altairtech.io/aff/56/ A380 Riser: https://amzn.to/3UrUw1Q mmpOS Referral (Free 10% Bonus Credits): https://app.mmpos.eu/register?refer=S... NerdGearz (Free $10 coupon): https://nerdgearz.com/account/registe... Mining Hardware (Amazon): https://amzn.to/3SKaLWs Mining Hardware (eBay): https://ebay.us/bsaBzr AsRock Arc A380: https://tinyurl.com/arca380 Intel Arc A750 LE: https://amzn.to/42GXCCS AsRock A750: https://tinyurl.com/arca750b Best Surge Protector: https://amzn.to/3Sgd02G B75 Mining Case: https://amzn.to/3SKXEUs B75 Power Supply: https://amzn.to/3LYIAAo B75 i7 CPU: https://amzn.to/3RHY6Sz B85 Mining Case: https://amzn.to/3ghaGet B85 i7 CPU: https://amzn.to/3EW3rmD Honeygain: https://r.honeygain.me/MICHA1625B ------------------- This video expresses my own personal feeling and thoughts and should be used for entertainment purposes only. I'm not a financial accountant nor do I offer financial advice of any kind. Be responsible and diligent when researching, participating, and investing. By using the Amazon Affiliate links, I receive a small commission and you are helping support the channel without any additional cost to you. By using the eBay Affiliate links, I receive a small commission and you are helping support the channel without any additional cost to you. The only crypto project that I'm apart of is Retro Mike Mining Tools. Any other projects, applications, services, etc are being covered on an opinionated basis only.