The first crypto currency of the world - Bitcoin

in #steemit6 years ago

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The very first crypto currency of the world, which is still the most famous to this day, is Bitcoin. The first mention of it arose in 2008. Its founder was a certain person who preferred to leave himself incognito and spoke for the public under a pseudonym. To date, the rate of this currency is quite high, which attracts the attention of a large number of people. However, the number of units that can be obtained, as experts say, is limited. According to forecasts, in several tens of years the last possible bitcoin will be produced. And to mine it every year becomes more difficult, which is connected with the desire to keep its value. Let's learn more about its extraction, storage and use. Mining One of the main ways to acquire bitcoin is its independent extraction. This process is carried out using a computer and a special program. But for this not every computer, but only one that has a powerful video card, will do. Some miners prefer to purchase several video cards linked together for faster currency extraction. However, the cost of such ligaments is quite high, but the period for which these costs pay off is several years. Another disadvantage of independent mining is that it requires a large amount of electricity. Since for many, mining is an unattainable option, you can simply buy bitcoin on exchanges, in exchangers, or with a particular owner. Storage As with any currency, storing bitcoin requires a purse. There are plenty of such wallets in the network. All of them are different in functionality and mind. It is better to choose the most famous, because they are more secure and secure. The data to enter the purse (login, password) should not be simple, it is preferable to make them inaccurate, so that scammers were not so easy to crack the wallet. At the same time, you need to record them for yourself, so as not to forget and not to lose, otherwise you will not be able to restore the data and contents of your wallet. You should not store the entire currency in one purse, for the purpose of their safety. The best and safest option is to create a wallet on your computer and store money there. But, unfortunately, such wallets have a large amount of database and require constant updating. A mandatory condition in this case is the presence of an antivirus program on the computer. If possible, it is better to always make a backup copy of your wallet. Use In those countries where the crypto currency is a legal unit, it can be paid for any goods or services. In addition, it can be displayed on a card, that is, it can be exchanged for ordinary money or sold on the same exchanges or exchange points at a higher rate and receive a difference in the form of profit.

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very interesting news, thanks for the information