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Topic: Bitcoin mining solving equations, what it actually is? - page 2. (Read 2193 times)

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One of my friend told me that mining equipment s of Bitcoin are used to solve major mathematical equations and problems and they get rewarded in bitcoins for solving every problem, he said these problems to solve are given by big drug development companies or defense sector companies, etc,  who cannot afford to have a super computer to solve the problem, was he right in what he said or am I missing something, are bitcoins given as rewards for solving such problems?, I need to get clarity on this right now once and for all.
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