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Blockchain Investment — Part IV
By ccloh Strategic Investor Zone  •  December 5, 2021
Continued from Blockchain Investment -- Part III The last session was on acquiring more of crypto coins or tokens via staking and the last installment of this Blockchain Investment is on acquiring crypto coins or tokens via mining. 4. Mining In mining, hardware is very much needed.  Before getting into more about crypto mining, one need to remember that mining is an essential and critical component in a blockchain network.  Mining serves 2 purposes for the blockchain network.  The first is to discover new coins/tokens and bring them into circulation.  The second is to verify, confirm and consensus every transactions in the blockchain network so as to maintain the blockchain ledger.  The underlying of mining is to solve a computation puzzle of the blockchain.  To reward and incentive miners, winner for solving the puzzle will be rewarded with portion of the coins/tokens.  It is through these rewards and incentives that people are mining for the coins....
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By ccloh Strategic Investor Zone
Am a typical retail investor who started investing in stock market in 1993, the same length of period as SingTel was listed in SGX and ironically SingTel was my first vested stock. Back then was a passive investor and started to turn more active in stock market in 2006. A year later when I switched my engineering job to a finance related one, I became what commonly known as trader ( trade for living ) and at the same time also strongly believe in fundamental/value investing that is the way to growth wealth. In a way I classify myself as a "Strategic Investor". As a trader, I track market movement daily and as an value investor, I am always on the lookout for cheap bargain to hold for long term.
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