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How Cryptocurrency Mining Works: Is It Still Profitable?

factivaa4 months ago4 months ago09 mins

In 2023, mining cryptocurrencies uses more electricity than some countries. Bitcoin mining alone uses about 127 terawatt-hours a year. This is as much as Norway’s power use. It shows how big and complex the world of cryptocurrency mining is. Cryptocurrency mining is key in the digital currency world. Powerful computers solve hard math problems to…

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