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[quote][i]Originally posted by Dom[/i] [quote][i]Originally posted by Gary[/i] So the higher value the coin the more complex calculations are? Who decides all this? [/quote] No, it's based on currency circulation - so the more 'coins' that are mined and put into circulation, the higher the difficulty level (based on some calculation in the bitcoin algorithm) and the harder it becomes to mine. You can thinking of mining as puzzles for computers; you run the application, the application/computer is given a puzzle to solve ('Block') and when the computer solves the puzzle you'd get a bitcoin. Obviously the quicker (or higher hashrate) the computer can solve it, the more you obtain. [/quote]
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