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How Bitcoin Mining Works
All mining starts with the blockchain. This is an online decentralized ledger that records transactions throughout a network. A group of approved transactions is called a “block.” These blocks are tied together to create a “chain,” hence, the term “blockchain.”

In the Bitcoin network, a miner’s goal is to add individual blocks to the blockchain by solving sophisticated mathematical problems. This requires enormous computational and electrical power. While many miners compete to add each block, the miner who solves the problem will actually add the block—along with its approved transactions—to the blockchain. This miner receives a reward of 6.25 bitcoins.

What Do I Need to Mine Bitcoin?
The first and most important piece of equipment needed to mine bitcoin is specialized mining hardware called application-specific integrated circuits, or ASICs. A new ASICs device can cost anywhere from several hundred dollars to $10,000. But the price of mining hardware is only a fraction of the expense involved. ASICs consume tremendous amounts of electricity, the cost of which can quickly exceed the cost of the device using it.

Why Choosing Mining-Forever.Com?
Mining-Forever.Com is the smarter cloud mining service and No Need to Install hardware or software that gives you greater efficiency and lower costs mining crytocurrencies. It's based on a smart cloud mining service developed by our mining experts. The result is a revolution in crypto mining. Mining-forever is affordable and efficient with frequent payouts for both small and large investors.

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Mining-Forever CEO,Dobson Nicholas