Bitcoin is a booming technology that was introduced in year 2008 but got pace in year 2018. It was invented by a person or an unknown group with name Satoshi Nakamoto and was published the paper in year 2008 with blockchain cryptographic network of Bitcoin. Nowadays is it is considered as one of the most secured network for money transaction. The concept of blockchain has brought revolution in the market and government is planning to use blockchain for future years.
For those who don’t know what is bitcoin, bitcoin is a Cryptocurrency or digital money which you can get by mining. This currency is based on the concept of blockchain where there is no Central server or master node. Each and every node is leader and can keep track of all the transactions processing in the system. The reason why it is safe is that each and every transaction should be informed to all the nodes and the decision of the transaction is taken by majority of the network. So, if someone wants to do a transaction then he or she has to inform to everyone and majority of the vote of the network will decide if the transaction will occur or not.
Mining Bitcoin nowadays is very easy. You just have to download an application which will provide mining features. The way mining work is that it will take your CPU processing power for complex math algorithms. The server will provide some amount of Bitcoin in return as your servicing fee. It is an easy way of collecting small amount of bitcoin. The main advantages in this procedure is that the more powerful the resources you provide the more number of Bitcoins you will get. If you want to know more about bitcoins then the best place to get such information is our website.