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I Mined Bitcoin for 1 Year (Honest Results)Cryptocurrency mining rigs work by using GPUs to verify transactions on a blockchain. It's also worth noting that not all miners use GPUs. Bitcoin mining is the process of creating new bitcoins by solving extremely complicated math problems that verify transactions in the. In this article, we break down the 8 best Bitcoin mining hardware machines based on factors like hash rate, efficiency, and potential profitability.