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Bitcoin And Bitcoin Mining Explained: What Is Bitcoin Mining? What Is Bitcoin? How Do You Mine Bitcoin? And More!

Bitcoin And Bitcoin Mining Explained: What Is Bitcoin Mining? What Is Bitcoin? How Do You Mine Bitcoin? And More!



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2 Comments

  1. Skipped to mining section.

    *transaction fees are pooled up and distributed to Bitcoin Miners and node operators*

    Nodes don’t collect tx fees. Stopped reading since other stuff might also be suspect.

  2. tldr; MinedPool’s team at MinedPool is proud to present to you “Bitcoin Mining Explained: What Is Bitcoin Mining? What is Bitcoin? How Do You Mine Bitcoin? And More!” Bitcoin can be described as a decentralized peer-to-peer digital currency/payment system, digital money, or “cryptocurrency,” and Bitcoin runs on a “Proof-Of-Work” blockchain with an immutable distributed ledger.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

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