bitcoin

Bitcoins: Mines – Buy – Accept

There is no doubt that an independent, digital currency has a certain fascination, and the question of how to take part in itself is quick. There are several ways to get yourself bitcoins. The easiest is to change into Bitcoins at one of the Bitcoin marketplaces or exchanges. Idealists, however, often go a more elaborate way because they support the project by participating in the calculation of new bitcoins. This process is called bitcoin mining in the technical jargon.

Bitcoin itself: Bitcoin Mining

bitcoin

In order for bitcoins to function, so-called blocks are generated in which transactions are stored. Specifically, hash values are calculated for Bitcoin mining SHA-256. This hash value must then still be below a certain limit value, which brings the computer hardware already sweat. Professional Bitcoin-Mining with a normal Office PC works, but is in the face of the constantly growing difficulty is already no longer profitable. Special machines with certain graphics processors are needed, and best of all two or three.

Bitcoins exchange and accept

Bitcoins exchange and accept

So if you want to mine bitcoins yourself, you have to start your investment with an investment. Added to this is the cost of electricity. A not negligible factor, because three high-performance graphics cards in continuous operation have an enormous need, which makes itself felt. If you only want to pay with Bitcoins, you should save yourself the trouble and immediately exchange money in a market place or exchange for Bitcoins. A third alternative to getting to Bitcoins is to find shop operators and service providers. These can accept bitcoins as payment means and thus participate in the network

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