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Cryptocurrency

Is Bitcoin Mining Legit? Exploring Cryptocurrency

ByAlexis September 20, 2024September 20, 2024

Bitcoin mining means solving tricky math problems under a method called “proof of work.” This method helps check Bitcoin transactions and brings new bitcoins into the world1. Every four years, the reward for mining gets cut in half. For example, it went from 6.25 BTC to 3.125 BTC in May 2020 and will drop again…

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