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From October 2017 to October 2020, the market capitalization of bitcoin remained under the $250 billion mark, but from November 2020 to February 2021, bitcoin grew at an unprecedented rate of 321% to breach the $1,000 billion market capitalization mark briefly. Updates and other decisions are made by the ‘miners’. Miners use computers or specialized hardware to generate large amounts of computer processing power, and this is used to operate the network and process transactions. In return, they receive transaction fees. They will also receive freshly generated bitcoins until the last bitcoin of the 21 million BTC supply is ‘mined.’ At the current pace of mining, this will happen in the year 2140. If Bitcoin is still around, the look at my blog miners will be incentivized to do their work for the fees alone, keeping the network up and running.