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Computers-and-Technology If you have been asleep for about five years and haven’t heard about Bitcoin and digital currency yet, it’s time to wake up – you aren’t dreaming. In only few short years , Bitcoin has generated a market value in the billions and is gaining traction in every country in the world. Many ask why and for what reason does this currency’ merit any attention whatsoever? How is Bitcoin and digital currency different from any existing currency we use currently? And the big question everyone is asking , What will the value be tomorrow? There are a few myths and fallacies that we address here in an effort to provide you with a little more insight into Bitcoin and digital currencies, why they exist and where they are going. First, what is Bitcoin? It is a peer to peer string of values that can be stored and is designed primarily for electronic exchange in trade for goods and services. More technically, it is a hash code based on the strongest encryption technology we have to date where the record is kept transparently, securely and anonymously with redundancy throughout the Internet. The blockchain’ is the source of bitcoin and the store of transactions for all Bitcoin. This blockchain is processed or mined to match transactions and when new Bitcoin are discovered, they delivered to the miner that found them. Private and public pools collectively mine for Bitcoin and other digital currencies and even though there are individual miners, these pools make up the majority of the petaflops currently being hashed which is devouring the network in search of (string values to match. Don’t know mining, not technical and don’t know where to start, but you want to earn Bitcoin. Maybe you do understand the concept and how Bitcoin works but still need assistance with execution. Multiple resources exist where you can find information on how to start earning Bitcoin. The best we have found so far is .www.bitboxy.com, but do your homework as there are a lot of websites coming online devoted to Bitcoin. A great short video we from bitboxy detailing the basics of Bitcoin and digital currency .youtu.be/M5LFmjJgpts. Make sure you research and understand where you should start. If you are already conducting business in Bitcoin, there are plenty of ways to improve and be.e more efficient. About the Author: 相关的主题文章: