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How Does Bitcoin Mining Work?
Bitcoin mining is the process of adding new transactions to the Bitcoin blockchain. Itâs a tough job. People who choose to mine Bitcoin use a process called proof of work, deploying computers in a race to solve mathematical puzzles that verify transactions.To entice miners to keep racing to solve the puzzles and support the overall system, the Bitcoin code rewards miners with new Bitcoins. âThis is how new coins are createdâ and new transactions are added to the blockchain, says Okoro.
If riding a bucking bronco is your idea of fun, youâre going to love what the stock market has in store. Consider this past weekâs ride a preview.The weekâs action didnât look like much, if you didnât know better. The Dow Jones Industrial Average rose 213.12 points or 0.6%, while the S&P 500 advanced 0.5%, and the Nasdaq Composite ended little changed.
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