What Is Proof of Work

We’re talking about something so essential to Web3, that it wouldn’t exist without it - and that’s Proof of Work. In this video, we’re breaking down what it is, the important benefits it provides, and of course, discussing the problems it faces!

Research & Attribution:
https://bitcoinminingcouncil.com/bitcoin-mining-electricity-mix-increased-to-59-5-sustainable-in-q2-2022/
https://cointelegraph.com/news/stranded-no-more-bitcoin-miners-could-help-solve-big-oil-s-gas-problem
https://www.forbes.com/sites/seansteinsmith/2022/06/05/crypto-power-usage-is-helping-to-spur-renewable-energy-investments/
http://www.hashcash.org/papers/hashcash.pdf

🎆FOLLOW US🎆
Web3 Working Group
Website: https://web3wg.org
Twitter: https://twitter.com/web3wg
TikTok: https://www.tiktok.com/@web3wg_
Instagram: https://www.instagram.com/web3wg
Amy James
Twitter: https://twitter.com/amyofalexandria
Instagram: https://www.instagram.com/amyofalexandria

Web3 Working Group is a 501(c)(3) nonprofit organization. Our purpose is to educate about web3 infrastructure and how it's distinct from financial services in the cryptocurrency industry. We educate about how web3 infrastructure will decentralize the web and permanently restore user control of cyberspace, replacing centralized control with transparent and permissionless protocols through incentives aligned with users. See more at www.web3wg.org