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Top Ways AI Will Affect Internet Marketing

Top Ways AI Will Affect Internet Marketing AI is something that we tend to associate with science fiction. In fact though, it is a big part ...

What Is Bitcoin Mining?

What Is Bitcoin Mining?

What Is Bitcoin Mining?

The process of verifying Bitcoin transactions falls to Bitcoin miners. These are individuals, groups or companies that use high powered computer equipment to solve the complex cryptographic codes needed to verify each transaction.

Bitcoin miners receive rewards for this work in the form of Bitcoins. With Bitcoins being very valuable these days, mining can be a very rewarding task. The problem is that with the creation of new Bitcoins the number of new ones available falls.

You need a great deal of computer processing power to participate in Bitcoin mining now. A powerful desktop computer is nowhere near good enough. So if you want o be a Bitcoin miner you need to invest in high spec computer equipment (and lots of it), and be prepared to run them 24/7 with the electrical costs that that brings.




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