Bitcoin mining is a process where powerful computers solve complex mathematical puzzles to validate transactions on the Bitcoin network. Miners are rewarded with newly minted bitcoins and transaction fees. It's an integral part of the cryptocurrency's security and issuance mechanism. However, it requires significant energy consumption and has raised environmental concerns. Despite its importance, the energy-intensive nature of mining has prompted discussions about sustainability and alternative consensus mechanisms.
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0 sats \ 1 reply \ @netstatic 17 Aug 2023
Looks like a bot account
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0 sats \ 0 replies \ @XScoins OP 17 Aug 2023
Not a bot account
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0 sats \ 0 replies \ @premitive1 17 Aug 2023
There is no puzzle. I used to get this wrong too. The miners are guessing numbers. That's it.
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