![]() ![]() ![]() However, if the puzzle has a few squares filled and the rest is empty, it takes a lot of work to solve! The difficulty of the Sudoku can be adjusted by changing its size (more or fewer rows and columns)…” If I show you a completed puzzle you can verify it quite quickly. … Imagine a giant Sudoku puzzle, several thousand rows, and columns in size. So what are people talking about when they mention “mining?” As investor and bitcoin advocate Andreas Antonopolous put in his 2016 lecture, “mining is like a giant competitive game of Sudoku that resets every time someone finds a solution. CEO Jamie Dimon, who previously called bitcoin a “fraud”, has since backtracked and acknowledged the reality of the blockchain phenomenon. Cryptocurrencies have soared in their fame, value, and variety since their patron currency, Bitcoin, was conceived in 2009. Consider that, since its 2009 conception, one Bitcoin is now worth $9,000, Bitcoins have a market capitalization of $155 billion and, as of January 2018, 219,000 Bitcoin transactions occur per day! Bitcoin derivatives are now being traded on the Chicago Mercantile Exchange (CME) and Chicago Options Futures Exchange (CBOE) and now have the backing of major financial institutions and hedge funds. Even JP Morgan Chase & Co.
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