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Each block in the blockchain contains a timestamp and a link to the previous block, forming an unalterable chain of transaction records. Colocation centers provide miners with advanced infrastructure, optimized power consumption, and efficient cooling systems that are crucial for maximizing the lifespan and efficiency of mining hardware. Colocation centers, with their existing infrastructure, allow miners to scale up their operations without the logistical and financial burdens of expanding a private facility. Chapter 3: Crypto Exchanges.
