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No, it is not. You can read up on mining cryptocurrencies here: https://www.investopedia.com/tech/how-does-bitcoin-mining-work/ https://www.buybitcoinworldwide.com/mining/ https://www.forbes.com/sites/jasonevangelho/2018/03/13/mining-101-what-exactly-is-cryptocurrency-mining/#53515961a83a
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