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A new block of data various purposes, including transferring funds asset on a cryptocurrency blockchain.
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A new block of data various purposes, including transferring funds asset on a cryptocurrency blockchain.
Bitcoin mining is necessary to maintain the ledger of transactions upon which Bitcoin is based. Bitcoin's mining difficulty is adjusted roughly every 2 weeks�or 2, blocks, and a new block is solved roughly every 10 minutes 2. This continues until a hash that matches the block hash and is less than the target hash is generated.