NEWS How To Figure Out If You Should Start Mining Bitcoin

[Google News Bot]

This is an opinion editorial by Keaton Reckard, the community engineer at Hiveon, a mining ecosystem that includes an operating system for Bitcoin mining hardware.Bitcoin mining refers to the process through which new bitcoin is introduced into circulation. The mining process plays a crucial role in confirming new transactions and maintaining the Bitcoin blockchain ledger as an immutable record of transactions. In essence, miners use ASIC hardware to solve complex computational problems, with the first one to find the solution earning a reward of bitcoin before the cycle restarts. Though Bitco ...

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