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Now that most of the people holding bitcoins and many of the people mining bitcoins are.

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In Part 1 we took a look at the incentives involved in Bitcoin mining and how they are used guarantee a single transaction history needed to prevent.Find all you need to know and get started with Bitcoin on

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Mining is a distributed consensus system that is used to confirm waiting transactions by including them in the block chain.At the end of 2017, the global bitcoin mining activity was estimated to consume between 1 and 4 gigawatts of electricity.

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