A bitcoin mining exchange has announced that users can mine bitcoin in real time, via the app Coinbase.
It is the first time a bitcoin mining company has ever made such an announcement.
The announcement comes just days after bitcoin price plummeted nearly 40% against the US dollar.
Coinbase, which launched in the US in March, said that it is launching in Europe and China on April 2.
Bitcoin mining has a long history in the crypto space, but the app’s developer said that mining bitcoins is no longer an “end-to-end” process.
“In order to mine Bitcoin you need to have a computer that has the latest version of the latest Bitcoin Core, or the Bitcoin Miner, or some other mining software that supports GPU mining,” the developer said in a blog post.
“The new mining software will be available to download at the Coinbase website starting tomorrow.”
Once you have your computer up and running, you can download a wallet, sign up for an account on Coinbase, and then start mining.
“The announcement comes as the US government announced that it will soon require bitcoin mining companies to file their annual report.
Bitcoin exchanges that are not required to file reports will face a fine of up to $1m, or up to 100,000 bitcoins, depending on the size of the firm.
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