The cryptocurrency market is a highly competitive space, especially with new crypto projects showing up daily on the market, trying to gain the attention of new users. Still, a number of projects in the cryptocurrency industry appear to be unstoppable, like Bitcoin (BTC) and Chainlink (LINK), two prominent projects that have seen recent growth. Big Eyes Coin (BIG), a new meme coin in its third presale stage, appears ready to take over the market.
Bitcoin (BTC) was among the first modern cryptocurrencies to be introduced to the market. It is the most widely used cryptocurrency and has the largest market capitalization. Bitcoin consumes 150 terawatt-hours of electricity every year. This sum is heavily influenced by how people mine Bitcoin.
The proof-of-work mining method is used to generate Bitcoin. This technology allows for the addition of extra Bitcoins to the blockchain. Each end of the blockchain is assigned a unique hash number. To contribute to the blockchain, you must solve...
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