Bitcoin mining requires a lot of time and effort. The process is possible only with the help of special computer hardware.
Bitcoin is a new kind of money. It uses peer-to-peer technology to work with no central authority. Nobody owns it and everybody can take part in the trading. It has no physical form. It is used in many online transactions. Transfer of funds from one account to another happens in few minutes.
How to Earn Bitcoins
Earning Bitcoin resembles the rate at which minerals like gold are mined from the ground. The process is slow and requires a lot of time and effort. Bitcoin mining introduces more of the currency in the circulation. Special computer hardware makes it possible for individuals to mine bitcoins. The process is resource-intensive and difficult in order to control the number of bitcoins. Coin Choose gives more of the details on how to earn this currency.
The Value
Bitcoin value changes in time. The bitcoin price per unit depends on the supply and demand. It is as simple as when the demand high, so is the price. If the demand low, so is the price.