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Argo Mining Profitability and Expansion Update slide image

Argo Mining Profitability and Expansion Update

How Bitcoin is Mined ā˜‘ (1 2 Bitcoin transactions are pooled together in a "block". Once a block is formed, miners compete to solve it. 3 P B (4 Transactions are "verified" by the network. Verified transaction block is attached to a chain. Currently, the reward is 6.25 BTC per block solved. 27 (5) For solving the block, miners are rewarded with bitcoin. argo
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