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The largest mining holding of the cryptocurrency universe has a market cap of over 5 billion US dollars. But Wait. How is making that much money out of a virtual coin that only exists within our phones and computers even possible? And how do you mine something that does not physically exist?
At least, according to Google: Bitcoin searches have reached a perfect score of 100 on Google Trends over the past few weeks. The renewed excitement surrounding the cryptocurrency may be related to the upcoming Bitcoin halving. But what is the halving really about and how does it impact the coin’s value?
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