Production Costs Of Cryptocurrency As A Factor For Determining Its Value Training Ppt
This slide highlights that mining is the process through which new cryptocurrency tokens are created. Verifying the blockchain necessitates the use of computing power. To mine Bitcoin, participants invest in pricey equipment and power. As mining expenses rise, the value of the cryptocurrency increases as well. Miners will not mine if the value of the money they are mining is insufficient to cover their costs.
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