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Case Type: new product, new technology; pricing valuation. Consulting Firm: McKinsey Company first round full time job interview. Industry Coverage: manufacturing. Case Interview Question #00689: Our client Moldovan Coffins is a highend coffin maker in the country of, officially the Republic of Moldova, is a landlocked country in Eastern Europe loed between Romania to ...
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· Ethereum miners use the processing power of their graphical processing units (GPUs) to solve the cryptographic puzzles instead of the much more expensive ASIC miners that are used for Bitcoin mining. This also means that mining rigs aren't interchangeable between Bitcoin and Ethereum, although there is a variety of cryptocurrencies that can be mined with GPUs .
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· Plus, getting involved requires powerful mining equipment—like in the case of Bitcoin. For many, mining is a gamble – it's risky. That risk coupled with the huge outlay turns many potential miners off. However, there is a way to start Bitcoin mining free. It's thanks to a process called cloud mining.
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