Bitcoin Mining usually refers to verification of latest transactions in the market as well as processing of new bitcoin into the chain

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Bitcoin mining is done to record current bitcoin transactions in blocks, which are then added to a blockchain

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Bitcoin miners use software to solve transaction-related algorithms that check bitcoin transactions.

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After the procees got over, miners are rewarded with the bitcoins per block which solves the algorithim problem

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ever since its peak hike in price, marketers are estimated that about 80% of bitcoins are already mined and entire bitcoin circulation will be done by 2150

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Bitcoin is not overseen or regulated by a central authority, bitcoin miners confirm and verify transactions by solving complex mathematical cryptography calculations

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The current processing power needed for bitcoin mining today requires lots of energy and powerful computers for calculations

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To sum up Bitcoin Mining Requires 1.Competitive mining computers 2.Electricity 3.A low-cost power supply 4.Mining software 5.Mining pool

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