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Bitcoin uses the hashcash proof of work function The primary purpose of mining is to allow Bitcoin nodes to reach a secure tamper resistant consensus Mining is also the mechanism used to introduce Bitcoins into the system Miners are paid any transaction fees as well as a subsidy of newly created coins.
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The global mining equipment market size was 125 274.0 million in 2020 and is expected to reach 182 119 million by 2030 growing at a CAGR of 4.6 from 2021 to 2030 The COVID 19 outbreak has affected the growth of the global mining equipment industry owing to the lockdown measure in various countries globally and delay in manufacturing and
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