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How cryptocurrency mining works: Bitcoin vs. Monero

Ever wondered why websites that are mining in the background don’t mine for the immensely hot Bitcoin, but for Monero instead? We can explain that. As there are different types of cryptocurrencies, there are also different types of mining. After providing you with some background information about blockchain [1],[2] and cryptocurrency, we’ll explain how the mining aspect of Bitcoin works. And how … [Read more...]