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Bitcoin miners perform complex calculations known as hashes, and each hash has a chance of yielding bitcoin. The more hashes you perform, the more chances you have of earning bitcoin. Most people join a mining pool to increase their chances of earning bitcoin. Mining pools pay for high value hashes known as shares.

There are many different brands of Bitcoin miners available, which can range in price from $20 to $5,000 depending on their power and complexity; and you may purchase Bitcoin ASIC miners in numerous places—like Walmart (NYSE: WMT), Amazon (NASDAQ: AMZN), and eBay (NASDAQ: EBAY). The Microsoft (NASDAQ: MSFT) Store even has an “easy-to-use” Bitcoin miner that you can download on your computer for free.https://12ea7800963ffec019cbea4bac9dd936.safeframe.googlesyndication.com/safeframe/1-0-37/html/container.html

Reviewing Bitcoin, Blockchain, and Mining

Reviewing Bitcoin, Blockchain, and Mining

Reviewing Bitcoin, Blockchain, and Mining

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