What is bitcoin?
Bitcoin is the world’s first cryptocurrency, a form of electronic cash. It is the first decentralized digital currency: the system was designed to work without a central bank or single administrator.
1 BTC = ₱353,623.23
Bitcoin’s most important characteristic is that it is decentralized. No single institution controls the bitcoin network. It is maintained by a group of volunteer coders, and run by an open network of dedicated computers spread around the world. This attracts individuals and groups that are uncomfortable with the control that banks or government institutions have over their money.
Bitcoin solves the “double spending problem” of electronic currencies (in which digital assets can easily be copied and re-used) through an ingenious combination of cryptography and economic incentives. In electronic fiat currencies, this function is fulfilled by banks, which gives them control over the traditional system. With bitcoin, the integrity of the transactions is maintained by a distributed and open network, owned by no-one.
The smallest unit of a bitcoin is called a satoshi. It is one hundred millionth of a bitcoin (0.00000001) – at today’s prices, about one hundredth of a cent. This could conceivably enable microtransactions that traditional electronic money cannot.
How to earn bitcoin for FREE?
The fastest mining browser. All you have to do is to download the browser, install and boom! CryptoTab browser lets you earn using your CPU’s resources. You can also select your mining from Low to HIGH CPU USAGE depends on you. Don’t forget to signin using your google account to make sure your earnings will be saved.
Become a part of a huge mining pool!
The bigger the pool’s computing power is, the bigger blocks can be solved, the more money you can earn! Invite most active friends of yours, who will, in turn, invite their own friends and start making real money! Get more than 1 BTC!
Start earning today, keep your income in your BTC wallet and it will be getting worth more in USD because Bitcoin exchange rate is constantly rising. The profit you make today will rise a few times by the end of the year.