Why Fidelity Is Mining Bitcoin & Ethereum


Fidelity - yes, that Fidelity, the large "legacy" financial services giant - has recognized the importance of crypto and is working to develop an internal expertise on the space. One of the best ways to understand crypto better is to participate in the ecosystem by purchasing crypto assets, transacting with them, participating in crowdsales, or mining them. 

“Think of it as an experiment. The real reason we began mining, and still do, is to learn how the network works, how consensus works, how difficulty levels work,” says Stern, referring to aspects of the mining process, which involves a network of computers competing to solve complex math problems.


Want to receive more content like this in your inbox?