What is Bitcoin Mining?
There are three primary ways of obtaining Bitcoins: buying them on an exchange, accepting them for goods and services, and mining new ones. Mining is a process of adding transaction records to Bitcoin’s public ledger called the Blockchain. It exists so that every transaction can be confirmed, and every single user of the network can access this ledger. It is also used to distinguish legitimate Bitcoin transactions from attempts of re-spending money that has already been spent somewhere else.
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