What is BITCOIN

...so u come to this page then it is confirm that u have heard about it from ur friend ur youtuber or from any side....
So here you'll get some useful information that will increase your knowledge about bitcoin

After read it completely u will be known to the basic questions-:
1-what is bitcoin???
2-Who is its inventor??
3-Why we need it??
4-How will it be the future currency??
5-What is bitcoin mining??

So let's get started from who invented this

Actually nobody knows who invented Bitcoin the first proposal for Bitcoin was submitted on a white paper by a guy name SATOSI NAKAMOTO
.
Nxt question is what is bitcoin 

Basically bitcoin is a digital currency or we can say it is invisible currency.It can be used and people who  believe in it uses it as well .it is the turning point in world of currencies. We can't see it, we can't touch it, but the biggest thing is we can use it as like our note currencies. Here we don't need any third party as we have banks now-a-days. This is better,safe and easy to use than any other currency ever.......

So the nxt and most asked questions is how to mine it??????"""

Bitcoin works as a bear to bear network,everybody who use a bitcoin is  small piece in the work of bitcoin or a small piece in the puzzle of a bitcoin bank somehow. 

Where the Bitcoin comes from¿¿¿~~

With the normal money, the government decide how much money will go out,how much will printed.But with the bitcoins we don't have any authority behind that. With bicoin miners no ordinary people. The people who mine it uses some special softwares to solve some math problems',some kind of Algorithm and they receive some reward in TERMS OF BITCOINS.

And because of that more and more people are getting engage in this. And because miners are required for checking all the transactions..

More miners means better security and better environment for all the network. The difficulty of this is going up every seconds. And the difficulty of the math problem is higher and higher. In the first day of bitcoin we were able to solve this math problems in an ordinary PC or a laptop with an ordinary processor but when the difficulty is going up we need more power to solve this. When the difficulty was going up we start to use graphic card, graphic card which are normally used for gaming. These graphic cards are more power consuming n they produce heat also. But they are quite faster. With more people coming in, more miners, the range of the different is going more up because of that people are start to join together in so called MINING POOLS. 

What is a mining pool?

A mining pool is a community of miners, they are able to solve these math problems faster than one individual. Every body in a pool, in this community is rewarded by the he provided in the pool. Mining is a key solution to keep the bitcoin stable and secure. 

Bitcoin  will be the future of currency 

Because by the small passage of time we have seen the people are taking interest in it

They use it and the people are joining with it.

MORE ABOUT BITCOIN WILL BE POSTED SOONLY.

THANKS FOR YOUR TIME

HOPE YOU HAVE GET SOMETHING ABOUT 

WHAT BITCOIN IS.....welcomeashu.blogspot.com