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Rachel Welch

11 October 2022 211 Read Bitcoin

The Complexity of Bitcoin Mining

Bitcoin mining is a complex process. Many factors play a role in the process, including power consumption, hash rate, and average nonce. Understanding these factors can make the process easier to understand and control. For instance, network segmentation can increase output by allowing for more complex algorithms. Also, it allows for more efficient mining, which is beneficial for the economy.

Power consumption