What is Bitcoin mining?
Bitcoin operates as a peer to peer network. This means that everyone who uses Bitcoin is a tiny fraction of the bank of Bitcoin. But where do Bitcoins come from? With paper money, a government decides when to print and distribute money. The first commercial Bitcoin mining products included chips that were reprogrammed for mining Bitcoin. These chips were faster but still power-hungry. ASIC, or Application Specific Integrated Circuit, chips are designed specifically for Bitcoin mining. ASIC technology has made Bitcoin mining even faster while using less power. https://bitavatar.club/
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