Bitcoin is a new currency system established in 2008 by software developer Satosh Nakamoto. Is now mostly known as cryptocurrency. It’s an electronic payment system based on the mathematical proofs. Bitcoin is divided into two components, “Bitcoin-the-token”, a snippet of code represents the ownership of digitalized concepts. The other one is “Bitcoin-the-protocol”, a large distributed network which control the ledger balance of Bitcoin-the-token.
Bitcoins are earned via accepting them as means of payment; completing tasks on websites; interest payments; getting tipped; through trading; gambling; mining; and as a regular income.
Mining is one of the basic and easiest way to earn bitcoins. By solving complex math puzzles, bitcoins are earned, known as mining.
Bitcoins are now part of the digitialized world today. It will be soon conquring over the regular income online soon.