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Understanding ASIC Miners

  • Bitcoin miners review and verify previous bitcoin transactions and create new blocks so that the data can be added to the blockchain. 
  • Although investing in cryptocurrency is painstaking, costly, and only sporadically rewarding, some investors are drawn to it. People buy expensive ASICS and pay for lots of electricity so that they may earn more bitcoin, which may be exchanged for real-world currency.

    Understanding ASIC Miners

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