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Sep 28, 2023


Peter in Florida

Sir: You state that you 'understand Bitcoin', but since i never have, I wonder if you can clarify for me what exactly is happening when a computer 'mines' bitcoins? Early on in the craze, legends circulated that the truth was that the 'mining' software was actually related to a distributed computing effort to get miner's computers to crack high-security passwords. Was this ever true, or is it "a dirty lie, and we are never going to show you our code" ? Thanks, sir

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