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    Anonymous

    ——> START MAKE BITCOIN NOW!! <——
    ——> START MAKE BITCOIN NOW!! <——

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    this requires miners to perform these calculations before their blocks are accepted by the network and before they are rewarded. as a result, mining is a very competitive business where no individual miner can control what is included in the block chain. the proof of work is also designed to depend on the previous block to force a chronological order in the block chain. this makes it exponentially difficult to reverse previous transactions because this requires the recalculation of the proofs of work of all the subsequent blocks. when two blocks are found at the same time, miners work on the first block they receive and switch to the longest chain of blocks as soon as the next block is found. this allows mining to secure and maintain a global consensus based on processing power. bitcoin miners are neither able to cheat by increasing their own reward nor process fraudulent transactions that could corrupt the bitcoin network because all bitcoin nodes would reject any block that contains invalid data as per the rules of the bitcoin protocol. consequently, the network remains secure even if not all bitcoin miners can be trusted. isn’t bitcoin mining a waste of energy? work from home gigs spending energy to secure and operate a payment system is hardly a waste. like any other payment service, the use of bitcoin entails processing costs. services necessary for the operation of currently widespread monetary systems, such as banks, credit cards, and armored vehicles, also use a lot of energy. although unlike bitcoin, their total energy consumption is not transparent and cannot be as easily measured. bitcoin mining has been designed to become more optimized over time with specialized hardware consuming less energy, and the operating costs of mining should continue to be proportional to demand. when bitcoin mining becomes too competitive and less profitable, some miners choose to stop their activities.

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