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Jun 16, 2015 Like Bitcoin mining, Litecoin uses proof-of-work which makes mining a costly process in terms of both time and energy. In order to send litecoins, transactions must be included in a block. If no double-spends are detected, the miners create a block with new transactions and add it to Litecoin's existing blockchain. crypto mining definition Cloud mining litecoinAntminer miner status explained bitcoin mining url Bcn mining by using your graphic cardMining altcoins - Graham Dobson ael mining services head office Xlm mining - BeeInventorLitecoin pools

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Jul 12, 2017 You're essentially getting rewarded for keeping the books for these platforms, which we've explained in more detail here, and the rise of cryptocurrencies like Bitcoin and others has led to a flood of amateur enthusiasts jumping into the mining business—the idea of having your computer whirring away 

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