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Without the Internet and people donating their computers and bandwidth, Bitcoin is totally useless. Mining requires constant connectivity to ensure that only one chain of transactions is the real chain that matters, and without miners, no transactions between Bitcoin users are processed. Transactions between users line up in 

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Sep 2, 2013 In Part 1 we took a look at the incentives involved in Bitcoin mining and how they are used guarantee a single transaction history needed to prevent bitcoins from being double spent. In this post That means the nonce that is needed to produce a valid block will also be different for each miner. This is the