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------> START MAKE BITCOIN NOW!! <------
------> START MAKE BITCOIN NOW!! <------
------> START MAKE BITCOIN NOW!! <------


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principally everybody can be a miner. since a decentralized network has no authority to delegate this task, a cryptocurrency needs some kind of mechanism to prevent one ruling party from abusing it. imagine someone creates thousands of peers and spreads forged transactions. the system would break immediately. so, satoshi set the rule that the miners need to invest some work of their computers to qualify for this task. in fact, they have to find a hash a product of a cryptographic function that connects the new block with its predecessor. small home industry ideas this is called the proof-of-work. its only important you know that it can be the basis of a cryptologic puzzle the miners compete to solve. after finding a solution, a miner can build a block and add it to the blockchain. as an incentive, he has the right to add a so-called coinbase transaction that gives him a specific number of bitcoins. this is the only way to create valid bitcoins. bitcoins can only be created if miners solve a cryptographic puzzle.

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