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I Mined Bitcoin On My Phone For 1 WeekWhat is Bitcoin mining? The process of minting new bitcoins is in some ways similar to the process of extracting precious metals from the earth. For this reason. Bitcoin mining is the process of creating valid blocks that add transaction records to Bitcoin's (BTC) public ledger, which is called a blockchain. Bitcoin mining is the process by which transactions are verified on the blockchain. It is also the way new bitcoins are entered into circulation.
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