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Howdy there,  
  
This is my very first article here so hopefully this gets approved, I am going to share some points about bitcoin and blockchain.  
  
For those of you who do not know what Bitcoin is let me put it this way, Bitcoin is a currency which cannot be managed by any bank or any government, it is basically a virtual currency and will be purchased on-line utilizing real money.So then apart from being a decentralized currency what are its advantages, well you'll be able to switch bitcoin wherever in this world without much fees, you may be one hundred% anonymous while doing transactions thanks to a technology called blockchain.So then what is the big thing about this chances are you'll ask, well let me inform you when it first launched it has absolutely no value however now 1 bitcoin = 6,689.35 $ that's some pretty spectacular growth isn't it?.  
  
So how does this thing grow it's possible you'll ask, well let me inform you learn how to sustain a blockchain there must be something called a ledger where all the transaction has to be noted and to change into a block in a blockchain a hashing perform has to be solved and producing bitcoin by fixing hashes are called Mining Bitcoin.  
  
To resolve the hashing perform typically people used graphics cards but as time passed by bitcoin got more difficult to mine and dedicated hardware called ASIC miners were introduced.  
  
So people who spend their time and money to mine bitcoin will be rewarded in bitcoins and as more and more individuals become part of this blockchain its value will increase.  
  
so how can I make money with bitcoin, there are ways  
  
1.you'll be able to trade bitcoin/altcoin(any cryptocurrency other than bitcoin is called altcoin, sure there are thousands of them)  
  
2.you possibly can mine them in your own  
  
Both of these strategies have their own advantages and disadvantages, because bitcoin is controlled by nobody it is extraordinarily unreliable one day it will be worth 10,000$ and the next day it could drop to a hundred$. Trading essentially means shopping for bitcoin for real cash and praying that its worth will go up and selling it when it has gone up.This approach could be very risky and you might find yourself dropping cash somewhat than making any profit.  
  
Otherwise you may choose to mine bitcoins, but here is what it's best to consider, mining hardware is super expensive and mining requires a number of electricity,also mining problem is getting higher every single day so you won't be able to get some profits without high initial investment.  
  
That being said bitcoin trading and mining are good ways to make money should you know what you are doing.  
  
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