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Bitcoin comes into existence through the process of mining. Bitcoin miners expend energy and compete against each other to quickly solve a complex maths puzzle. The winner of this race is rewarded with newly created Bitcoin. The most widely quoted Bitcoin exchange rate was (and remains) BTC/USD. Banks must be used to transfer USD from the buyer to the seller of Bitcoin.

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Bitcoin comes into existence through the process of mining. Bitcoin miners expend energy and compete against each other to quickly solve a complex maths puzzle. The winner of this race is rewarded with newly created Bitcoin. The most widely quoted Bitcoin exchange rate was (and remains) BTC/USD. Banks must be used to transfer USD from the buyer to the seller of Bitcoin.

Read All

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