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So much so that one transaction consumes nearly 4,000 times the energy used when processing a credit card.
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What experts say about big crypto concerns: The bitcoin system is decentralized and programmed to generate a fixed number of bitcoins per unit of computing time. So if you've been ignoring bitcoin thinking it might just be a financial fad, now's the time to start paying attention. Like a regular wallet, it's a place to keep your valuables—but digital. 1.3 how can i get bitcoins?
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When it comes to bitcoin, those valuables are your keys bitcoin mining uses a lot of electricity.
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