WHITE PAPER

Bitcoin Mining:

The Evolution of A Multibillion Dollar Industry

March 9, 2020

In times of geopolitical uncertainty and financial market volatility, converting electricity into a monetary asset could take on new importance. ARK believes Bitcoin could have major impacts on the global digital monetary system and potentially replace fiat currencies in the long term. Bitcoin mining could be the ultimate path to direct exposure to this new monetary world order.

 

This white paper aims to illustrate how Bitcoin’s innovation lies in its ability to coordinate trust and facilitate the transfer of value without relying on a centralized authority.

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