HEX: Proof-Of-Wait (PoWa) Mining

Joe Terry
3 min readJan 25, 2021

What is a Bitcoin miner? Where do Bitcoins come from? And is there a better way?

A new cryptocurrency HEX may have found a better, cheaper, secure, more profitable, and perhaps better way for “miners” to create the new “coins” that represent the inflation of a cryptocurrency. With paper money, a government decides when to print and distribute money. Bitcoin and HEX doesn’t have a central government.

Bitcoin is software that can only be changed through consensus or agreement between all of the thousands of participating nodes around the world. To be…

--

--

Joe Terry

I have been a Software Engineer for 30+ years. I wrote games for the Apple ][, Atari 400/800 and the TI 994a Home Computer. @Knowself