Comment on Bitcoin Network Doubles to 2 PH/s in Four Weeks; the First 1 PH/s Took 4.7 YearsparentComments−baddox12yBTC is not valuable because it is definitive proof of difficult work - its valuable because it is 'difficult' to create, which protects your BTC against inflation/counterfitting.The "difficult to create" part is the same as proof of work.
Comments
The "difficult to create" part is the same as proof of work.