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The block chain serves to confirm transactions to the rest of the network as having taken place.

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Bitcoin mining is so called because it resembles the mining of other commodities: it requires exertion and it slowly makes new currency available at a rate that resembles the rate at which commodities like gold are mined from the ground.We generated over 4506 BTC to over 2 millions of satisfied visitors.We recommend a maximum of 1 Bitcoin per account per day to be generated using this tool.Individual blocks must contain a proof of work to be considered valid.The primary purpose of mining is to allow Bitcoin nodes to reach a secure, tamper-resistant consensus.

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Bitcoin nodes use the block chain to distinguish legitimate Bitcoin transactions from attempts to re-spend coins that have already been spent elsewhere.

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