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Cryptocurrency, particularly bitcoin, has been a hot topic in recent years. Bitcoin is a cryptocurrency, which means it's entirely digital. 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. Finder is committed to editorial independence. Bitcoin mining is the process by which new bitcoins are entered into circulation, but it is also a critical component of the maintenance and development of the blockchain ledger.
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