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⸺ Basic Information ⸺
What is Bitcoin?
Bitcoin is a digital cryptocurrency that allows peer-to-peer transactions without a central authority.
What is the Blockchain?
Blockchain is a decentralized, immutable ledger that records transactions across a network.
What is Blockchain Data Structures?
Blockchain data structures are linked blocks containing transaction data, hashes, and timestamps.
What is Mining?
Mining is the process of validating blockchain transactions and adding them to the ledger.
What are ASIC Miners?
ASIC miners are specialized hardware designed to mine cryptocurrencies efficiently.
What is a Mining Pool?
A mining pool is a group of miners who combine resources to increase chances of earning rewards.
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