3 ms·

Mining by definition produces cryptocurrencies, which is a 'product'.

• kobeya 9y ago
  Not after subsidy has played out. That's a temporary state of affairs. Mining provides economic cost of reorg as a product, something people in the bitcoin space call "security."
  • keymone 9y ago
    and the payment system. you know, the actual thing that allows people to transfer a unit of value?