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Why does mining / validation of new blocks have to be complicated / time consuming ? Why it can't be as simple as just find a hash for a text? Is it just to control / limit the amount of new crypto volumes coming in ? If this is the case, isn't it an energy consumption issue ? Aren't there any other solutions ?
Sorry for asking too many questions. I am just a bit confused.
If mining was simple I could find a hundred million blocks in the next five seconds.
Would that be helpful? What would we do with all those blocks?
Thinking about these questions should help you answer yours.
