What the hell is bitcoin mining

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Microsoft co-founder Bill Gates is the latest billionaire to pour cold water on digital currencies, saying if there was a way to bet against bitcoin and.

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It allows you to generate Bitcoins. ok So i know this sounds lame as all hell.

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Unused Australian Coal Plant to Be Used for Bitcoin Mining Two startup blockchain companies IoT. over not understanding what the hell other.Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain.Bitcoin mining is the process of turning computing power into actual Bitcoins.An enormous amount of energy goes into proof-of-work cryptocurrency mining,.

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