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Is btc mining like the lottery?

Bitcoin Reddit

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When a bitcoin is mined is the winner equivalent to a winning lottery ticket? So, if I mined on a PC it might take a hundred years for me to win, like having just one ticket, whilst miners who mine millions of times quicker than me, have the equivalent of millions of tickets and are much more likely to win. Have I got this right?

submitted by /u/Plav9999
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