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Crypto prices effort a comeback as bitcoin soars 5% to close out the week: CNBC Crypto WorldBitcoin mining is the process of validating the information in a blockchain block by generating a cryptographic solution that matches. The system rewards miners with bitcoins for generating proof-of-work, and thus sets the incentives for such investment of efforts. The first and most obvious. Bitcoin is a peer-to-peer payment system that uses its own currency, called bitcoin, to transact business around the world.
