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Global household electricity prices , by select country. To ensure bitcoin blocks are discovered every 10 minutes, an automatic system is in place that adjusts the difficulty depending on how many miners are competing to discover blocks at any given time. In , this number was halved, and the reward became But for most people, the prospects for Bitcoin mining are not good due to its complex nature and high costs. The content created by our editorial staff is objective, factual, and not influenced by our advertisers.

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