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It is a compound of the words bit and coin. In 2014 mining pool obtained 51% hashing power which raised significant controversies about the.This mining model came to existence due to the fact that the increasing difficulty of mining has made it unprofitable for mining.

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That said if you can throw in quite a bit of money it can actually become profitable if you keep compounding your.If you enter your hash rate below, this page will calculate your expected.

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