To mine bitcoins
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MAST introduces a condition allowing the sender and recipient of a transaction to sign off on its settlement together. As the number of Bitcoin miners increased, the difficulty of finding new blocks rose to the point that miners now need ASICs to mine profitably. The first Bitcoin transaction, which involved sending 10 bitcoins to a developer, took place on January 12, Several hundred of these back-and-forths make up a block. Bitcoin news.
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