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Read the simple explainer of how bitcoin mining works, and find out why it's important, whether it's profitable and some of its downsides. Expensive hardware and risky cloud mining deals are the main challenges. Quality weekly reads about technology infiltrating everything While we receive compensation when you click links to par. Learn what equipment you need, how to get started, and whether it can be profitable. Stefanikolic / getty images bitcoin is a sovereign system of digital m. Bitcoin is a popular cryptocurrency with a finite supply. These are the core o. Almost all bitcoin mining software is free, so, naturally, like any other popular, free product, there's a lot of options to choose from. Like gold, bitcoin cannot simply be created arbitrarily; It requires work to extrac. Bitcoin is like digital gold in many ways. Regular spikes in the bitcoin price chart make this digital cryptocurrency a potentially lucrative invest.

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