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I Mined Bitcoin for 1 Year (Honest Results)Bitcoin is a cryptocurrency, a digital asset that uses cryptography to control its creation and management rather than relying on central authorities. The simple answer is that for the majority of the year , Bitcoin was worth less than one cent (USD), and it took years for it to break. BTC Price History Oct. 27 Here's a quick rundown of Bitcoin's price history: � Bitcoin had a price of zero when it was introduced in Its.