Cryptocurrency Q&A
What is magnetic coin?
What is magnetic coin?
SumoMighty
Fri Oct 18 2024
|
6 answers
1978
I recently encountered the term 'magnetic coin' and I'm curious to understand what it is. Could it be a special type of coin with magnetic properties? Or is it some kind of gimmick or novelty item? I'd like to know more about its purpose and how it differs from regular coins.
6 answers
QuasarStorm
Sun Oct 20 2024
Consequently, when a magnet is brought near a copper-plated coin, the iron in the steel core causes the coin to be attracted to the magnet. This phenomenon is due to the magnetic force exerted by the magnet on the iron within the coin.
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ShintoBlessed
Sun Oct 20 2024
Copper-plated coins exhibit a unique characteristic that sets them apart from bronze coins. This distinction lies in their interaction with magnets.
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Bianca
Sun Oct 20 2024
The key factor contributing to this difference is the composition of the coins' cores. While both may have an outer layer of copper, their inner cores vary significantly.
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GeishaWhisper
Sun Oct 20 2024
In the case of copper-plated coins, the CORE is often made of steel. This steel core contains iron, a metal known for its magnetic properties.
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BlockchainBaron
Sat Oct 19 2024
Conversely, bronze coins do not possess this magnetic quality. Bronze, a mixture of copper and tin, lacks the iron content that imparts magnetic properties.
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