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Bitcoin Mining and the Return of Realpolitik

The Breakdown

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Bitcoins - A New Block of Transactions

The more hash power miners can muster, the higher the chances they will win a next block. In 20 19, binance suffered a hack that saw forty million dollars worth of bit coins scuttled from its coffers. The world's largest crypto exchange had to take the loss and fix its internal systems instead. Imagine if geo politics could be as straightforward: Bitcoin is held among chinese investors.

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