Publisher's Synopsis
Bitcoin currency is a decentralized, highly-secure approach to how money is transferred between two entities. As the Blockchain technology continues to grow, more adopters are starting to see the value behind investment and the potential for a currency that isn't ran by empty government promises. While still a volatile form of currency and only beginning to be adopted into retail environments, Bitcoin offers adopters a huge chance to make a profit while changing the course of financial history.
Bitcoin: The Complete Guide to Understanding Bitcoin Cryptocurrency and Bitcoin Mining aims to teach newcomers about the ins and outs of the technology and opportunities. This includes:
- The language and technology behind Bitcoin and cryptocurrency
- How "mining" generates new Bitcoins and processes transactions
- The equipment and techniques used to mine Bitcoin and earn profits
- The anonymity of Bitcoin and other security concerns
- What affects the price of Bitcoin
- How you can invest in Bitcoin for the sake of improving technology or making a profit
Demystifying a lot of the jargon is a huge first step, and with layman explanations throughout, Bitcoin serves readers enough information to get them started down the Bitcoin journey before it's too late to make a profit. With explanations of hardware, software, and general safety measures, new adopters to the world of Bitcoin will start out with a solid foundation.
