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Did you like our Bitcoin Mining Machine at CES 2018?

Bitcoin

Or…do you have absolutely no idea what Bitcoin mining is? If it’s the latter, this is how Bitcoin Mining Works: With paper money, a government decides when to print and distribute money. However, Bitcoin doesn't have a central government. With Bitcoin, miners use special software to solve math problems and are issued a certain number of Bitcoin in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine.

Bitcoin mining is quite legal and is accomplished by running complex verification processes in order to validate Bitcoin transactions and provide required security for the Bitcoin network.

The Bitcoin network compensates Bitcoin miners for their effort by releasing Bitcoin to those who contribute the needed computational power. This comes in the form of both newly issued Bitcoin and from the transaction fees included in the transactions validated when mining Bitcoin. The more computing power you contribute the greater your share of the reward.

And, Bitcoin is surprisingly secure. Bitcoin miners help keep the Bitcoin network secure by approving transactions. Mining is actually an important and integral part of Bitcoin that ensures fairness while keeping the Bitcoin network stable, safe and secure.

If you still don’t get it and have the patience to sit through an extensive tutorial, check out this link: https://www.bitcoinmining.com/getting-started/. Otherwise, call/email us to find out more about Bitcoin and the Bitcoin Mining Machines we offer: 847-952-6937 toll-free 877-223-2667. sales@acecomputers.com


 

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