Bitcoin mining industry has the potential to increase a valuable mine

in #bitcoin7 years ago

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According to the Wall Street Journal, a personal computer can mine one bitcoin within 4.5 years. Bitcoin mining industry has the potential to increase a valuable mine because computer miners are already securing bitcoin transaction and if they use more power they would be able to get more benefit 0f the world's bitcoin mining and these activities would go up 40 times more than that previously required power. For transactions, processing cryptocurrencies require computer networks at a large scale to motivate bitcoin users t0 participate in cryptocurrency network.

Fundstrat company have been a significant supporter and patron of cryptocurrency. Bitcoin users are thinking the bitcoin like a conventional stable position in future, and that is right because bitcoin's underlying work is going to be upgraded in November for the increasement of its transaction speed.

Investors are also trying to shift other currencies into bitcoin because its fluidity typically offers the bonus of extra coins.

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Excellent post @hamzayousaf.

Congratulations! In addition to the vote from @randowhale, you also received a vote from @randowhaletrail!

Good postt!

hello dear sir im new my voteing thanks sir

Calling @originalworks :)
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Nice, you got a 3.0% @minnowbooster upgoat, thanks to @hamzayousaf
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Yes other altcoin are rising up from bitcoin,like bitcoin cash which is at around 300+$ in value. And now bitcoin gold forks is around the corner coming soon.

Just of recent i read that another forks will rise from bitcoin,which is bitcoin sliver. Bitcoun keep skyrocketing and taking the lead in the cryptocoin market.

but let us have good hope @olusolaemmanuel

I do believe in the possibility of other altcoin rising too

The @OriginalWorks bot has determined this post by @hamzayousaf to be original material and upvoted(2%) it!

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This post has received a 9.62 % upvote from @booster thanks to: @hamzayousaf.

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Thank for sharing !

It is my pleasure dear @ahkhayar