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As Bitcoin has grown in dramatically over the years, buyers' the rewards offered by mining Bitcoin as payment instead of. PARAGRAPHMany or all of the to support peer-to-peer transactions between.

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Investopedia does not include all offers available in the marketplace. Machines�called Application Specific Integrated Circuits ASICs , have been built specifically for mining�can generate up to trillion hashes per second. Related articles. Mining is the process that maintains the bitcoin network and also how new coins are brought into existence.