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Bitcoin mining machines are specialized computing devices designed specifically for Bitcoin mining, utilizing Application-Specific Integrated Circuit (ASIC) technology to solve complex mathematical problems that validate transactions and add them to the blockchain in exchange for Bitcoin rewards. These devices have evolved from CPUs, GPUs, and FPGAs to modern ASIC miners, optimized exclusively to perform SHA-256 hash algorithm calculations.

Minimum Viable Product (MVP) refers to a version of a product with just enough core features to satisfy early adopters, containing the basic functionalities that solve key pain points for the target users while omitting secondary features. In blockchain projects, an MVP typically manifests as an early version of a protocol, platform, or application with fundamental functionalities, aimed at validating the core value proposition and gathering user feedback to guide subsequent development iterations.

RSA encryption is an asymmetric cryptographic algorithm based on the computational difficulty of factoring large integers, invented in 1977 by Ron Rivest, Adi Shamir, and Leonard Adleman to solve the key distribution problem. RSA employs a mechanism where data encrypted with a public key can only be decrypted with the corresponding private key, creating key pairs usable for both data encryption and digital signatures, making it one of the most widely deployed public key cryptosystems today.