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In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. When a transaction is verified, a new block is opened, and a Bitcoin is created and given as a reward to the miner s who verified the data within the block�they are then free to use it, hold it, or sell it. Increasing the limit on the size of blocks is one option. You can use your existing computer to use mining software compatible with Bitcoin and join a mining pool. What was particularly clever about the new block weight was because the base block still only stored 1 MB of transactions, it meant SegWit was compatible without all bitcoin users needing to upgrade to support it.

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