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| What will happen to bitcoin if the stock market crashes | What is proof-of-work? This process is competitive; the first to solve the problem adds the next block to the blockchain and receives a Bitcoin reward. Likewise, an explosion in Bitcoin transactions does not necessarily increase the rate at which miners find new blocks. But for most beginners, the simplest and most convenient option is using a. Fast forward to Block rewards are now 6. Crucially, Bitcoin is decentralized by design, meaning that it is not owned or controlled by anyone � it is open, public, and functionally uncensorable. |
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