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What miners do is that they authenticate the transactions AND they do the process of mining. Mining is how new blocks are discovered and added to the blockchain. Through a series of computations, miners find a block and add it to the blockchain. In Ethereum, adding the block gives the miner(s) a reward of 5 ether and In bitcoin, the mining reward is 25 BTC (both as of writing), bitstarz promo code usa. Bitstarz bonus senza deposito code 2023
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Thinking back to the king analogy, the only thing that will stop the new king from getting killed and from this becoming an endless bloody cycle is to not kill the original king in the first place, bitstarz promo code usa. Similarly, if a blockchain is taken over and destroyed by its miners being diverted into a new chain, who’s to say that something similar won’t happen to the new chain anytime soon? To stop these endless hard forks from happening it is important to keep the integrity and ‘the law’ of the original blockchain and avoid the takeover in the first place. If the miners are bound to a particular currency it will be in their best interest to uphold and maintain the value and legitimacy of the currency. Битстарс дистрибьюше If a miner creates an invalid block then others won’t mine on top of it because of a rule that has been defined in blockchain mechanics, bitstarz promo code usa.
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