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A Beginner's Guide to Mining Cryptocurrency
What is Cryptocurrency Mining?
Cryptocurrency mining refers to the process of generating new cryptocurrency tokens or coins. It involves solving complex mathematical problems to validate transactions and maintain the integrity of the blockchain network.
Bitcoin Mining
Bitcoin mining is a specific type of cryptocurrency mining that involves participating in Bitcoin's proof-of-work (POW) consensus mechanism. Miners use specialized hardware to solve complex mathematical puzzles that confirm Bitcoin transactions and secure the blockchain network.
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