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  "notes": "The slide uses a process flow diagram to explain the mining economics.",
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      "text": "Data center revenue includes a reward for the block mined, transaction fees, and potential power sales. Average block time is 10 minutes. Block reward based on ratio of data center's computing power to that of entire Bitcoin network.",
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      "text": "(1) At certain sites, Cipher can opportunistically elect to use power at data center or sell to the market (2) The block reward is cut in half after every 210,000 blocks are mined (~every 4 years); the latest revision was in May 2020",
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