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How Does Bitcoin Mining Work Quora : The Essence of How Bitcoin Works (Non-Technical) - YouTube - What will happen when we reach the end of that supply?. While we receive compensation when you click links to. It requires work to extrac. Learn what equipment you need, how to get started, and whether it can be profitable. Expensive hardware and risky cloud mining deals are the main challenges. Bitcoin mining is the act of solving complex math problems to generate new bitcoins.