What are Bit coins? Bit coins are digital money that you can
send through the Internet. Bit Coins are stored into your digital wallet, which
is verified by a miner. A miner is certain people who make bit coins at a
predictable rate. You can purchase a lot of things on the web with bit coins.
But if you wan your money back from bit coins, you can exchange bit coins for
money. And since no one really supports it yet, so a bit coin is worth 250$
today.
Now I will
talk about Bit Coin Mining. Let’s just say it’s not that easy. In order to
“mine” Bit Coins, You need a computer that can be used to the max, meaning
everything must be able to be used at 100% without heating over. Warning, do
not use a laptop! It will destroy it! Also you need a way better graphics card.
Now your computer will take a lot of energy, like 300 watts, and you electric
bill will go up.
Now Bit
Coins are not that profitable, because it will probably take you a week just to
make 1/3 of a Bit Coin because all the math in it.
Want more? - https://www.youtube.com/watch?v=Um63OQz3bjo
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