Bitcoin is digital form of money . The system to exchange money online without paying loans . It allow people to send and receive money online . It is one of the biggest currency in world . This currency which is Bitcoin. Founder of coin is Satoshi Nakamoto and released as open source in 2009 . How someone can get bitcoin . You can exchange it from any good,service or cash . It does not need any bank to exchange this currency.
Main mining Objective is reaching a consensus between nodes where transition consider legitimate. The record of past transition is chain of blocks . Apps also mine bitcoin . There are apps which mine bitcoin for us . Play Store consist many apps that mine bitcoin .
You can earn from these apps . Note that you should have a goof smart phone for Mining process .
How one can get a bitcoin
You can simply exchange it with cash or services . It is a type of business as people invest in This Coin to earn large profit . Value of 1 Bitcoin is very high . Having 1 Bitcoin is large amount of money . If you want to invest your money, It is a great place to invest . Value of 1 Bitcoin increase and decrease with time . You can invest without any fear
Is It Safe to invest in bitcoin
Coin Mining is a great source of earning . For coin mining you need a computer or a mobile phone . Your earning depends upon the your computer or mobile . If you have a computer with great processor your earning will automatically increase . Your earning depends upon hash power that you get from your computer . I prefer you to have a computer with maximum processor .
This article covered many topics . Some are important and some are for informational purpose . I Hope you Read it completely and Got knowledge . Simple terms like Bitcoin and Earning process . This post have information for normal purpose .
Bitcoin is great source of earning compared to other sources of online earning . I will suggest to mine coin if you have a good computer at your home . Best thing about coin mining is that it is auto process and does not need your engagement in process . Just switch it and will start earning for you . You can have a super computer to mine more .
Coin is legal money earning process in India . Many companies are already mining and earning in lakhs in one day They have super computers which have high hash power and generate a lot income compared to basic computer or laptop . Mining did not need investment its free process overall . Satoshi is small unit of It as named before Inventor of coin.
Bitcoin as Invented by Satoshi and named before his name Satoshi.