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Bits Be Trippin
What's New
How much does it really cost to mine? #live
- Crypto Miner
- February 7, 2025
Crypto mining uses a lot of electricity and requires expensive hardware. It’s also environmentally harmful. And it’s becoming less profitable because of increasing competition and decreasing Bitcoin value. Miners solve mathematical puzzles with their computers to verify transactions and add them to the blockchain, a public record of all cryptocurrency transactions. This keeps the system […]
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ChumpChangeXD
What's New
π¨ Bitcoin n’ Crypto Major Pull Backs are NORMAL!
- Crypto Miner
- February 7, 2025
Cryptocurrency mining is the what that allows blockchains like Bitcoin to function without oversight from a third party, like a bank. Itβs also how new coins are circulated into the market. Environmental impact: requires significant electricity and hardware. Mining can be disruptive to the environment, especially in developing countries.
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