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Miners can also generate new as secure as the other.
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Mining Bitcoin with pencil and paperCryptocurrency examples. There are thousands of cryptocurrencies. Some of the best known include: Bitcoin: Founded in , Bitcoin was the first cryptocurrency. Bitcoin is more than a cryptocurrency used for payments or as an investment. There is an entire ecosystem at work behind a cryptocurrency. A coin is any cryptocurrency that uses its own independent blockchain. For example, Bitcoin is considered a �coin� because it runs on its own.
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