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Read the simple explainer of how bitcoin mining works, and find out why it's important, whether it's profitable and some of its downsides. Regular spikes in the bitcoin price chart make this digital cryptocurrency a potentially lucrative invest. Bitcoin is like digital gold in many ways. Bitcoin is a cryptocurrency, which means it's entirely digital. Bitcoin mining is the process by which new bitcoins are enter.
It's a moveable feast of cheaper, cooler, greener electricity for building blockchains.
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