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Again, it8217;s extremely important: this set of words is the key to all your money. Store it in a safe place and don8217;t show it to anyone. Even if you delete Coinomi from your computer, you will be able to recover your wallet thanks to this phrase. Beyond that reward, Bitcoin miners also receive the proceeds from transaction fees assessed automatically when the cryptocurrency is sent from one crypto wallet to another. Unlike the block reward, transaction fees are not set. They vary based on network conditions, such as the number of transactions at a given point. Itx2019;s completely possible to make a profit from bitcoin mining. Whether or not it will be profitable for you depends on what youx2019;re willing to invest x2014; plus a little bit of luck. Miners will continue to build the blockchain for years to come. crypto rise So, if you think bitcoin mining is right for you, now may be the time to dive in.