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The first bitcoin miners were able to earn coins relatively quickly just using what computing power they had in their homes. On top of that, serious miners have built huge arrays to mine, making it harder for smaller miners to compete. The bottom line is that bitcoin and other cryptocurrencies remain a high-risk, high-reward investment with little consensus about the economic roles they will play in the coming years. Depending on the company you choose, you might pay a monthly fee, or you might pay according to the hash steem coin review american bitcoin academy. Reuters reported in January that banks such as JP Morgan still view cryptocurrencies as unproven and likely to drop in value. In some cases, you might be required to sign a year-long contract, locking you in. The best option likely depends on individual circumstances. Set up a computer to help solve complex math puzzles and you are rewarded with a coin or a fraction of a coin. Some crypto miners instead opt for other currencies. By Miranda Marquit.
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