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 Bitcoin however has a significant percentage of it just being moved around by speculators, rather than people going down to their coffee shop and buying a cup of coffee with some Bitcoin fractions. There’s no way to know what percentage is moved around for spending compared to what percentage is moved around for trading/speculation. bitcoin box bitcoin xyz будущее ethereum цена ethereum bitcoin compare bitcoin torrent bitcoin порт bitcoin community monero сложность alliance bitcoin ethereum пул ethereum contracts bitcoin spinner ethereum эфир bitcoin friday покер bitcoin king bitcoin auto ethereum forum bitcoin hack смесители bitcoin information bitcoin сложность кошельки bitcoin сбербанк bitcoin 'Where should investors allocate?'Overall, the purpose of the PoW is to prove, in a cryptographically secure way, that a particular amount of computation has been expended to generate some output (i.e. the nonce). This is because there is no better way to find a nonce that is below the required threshold other than to enumerate all the possibilities. The outputs of repeatedly applying the hash function have a uniform distribution, and so we can be assured that, on average, the time needed to find such a nonce depends on the difficulty threshold. The higher the difficulty, the longer it takes to solve for the nonce. 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