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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Compass Mining to Cut Salaries, Spending and 15% Staff

Compass Mining said that the Bitcoin mining company is cutting salaries, spending and 15% of its team.

by Aaron Limbu
Jul 08, 2022

CRYPTOCURRENCY

Compass Mining to Cut Salaries, Spending and 15% Staff

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