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Bitcoin miners put their resources (time, electricity, equipment, computation, etc.) to validate new transactions and hence mine new 'blocks'. The puzzle is solved by varying a nonce that. Miners are rewarded in bitcoin. The city of dubai, united arab emirates is home to approximately 2 million citizens and is the pioneer of the dubai blockchain initiative within its own with bitoasis one can easily get started with buying bitcoin in uae dirham (aed). Additionally, most mining regions are expected to turn to renewable energy like solar and wind in the future.
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Because of that, miners have to remain highly competitive to keep receiving bitcoins as a reward for validating the transactions.
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The puzzle is solved by varying a nonce that.
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