Have you heard of cryptocurrency. CRYPTOCURRENCY IS A DIGITAL CURRENCY containing a lot of technical feilds watch this video.
Lets talk about crypto mining that in fullform
CRYPTOCURENCY MINING
in which we take few transaction in our system and verify it by the help of our computing power.
if you are thinking we mine the currency with a axe no.it means using our COMPUTING POWER
MINE FOR ME USING ANY DEVICE
CRYPTOCURENCY MINING
in which we take few transaction in our system and verify it by the help of our computing power.
if you are thinking we mine the currency with a axe no.it means using our COMPUTING POWER
MINE FOR ME USING ANY DEVICE
Eg: we play games and use calculator in our pc and mobiles .we calculate the number.this is also like calculation our computing power is used to verify the calculation,so the transactions can be made.
ANYBODY DOES NOT CONTROLS THE BLOCKCHAIN.the currency depends on us .
as the banks controls the transaction in hardcopy or
hard-soft copy.The miners control or verify the transaction.
its a very risky field to invest for short term.You have to keep the money for long term,for almost a lot of years.If you invest in small cryptocurrency.
THERE ARE TO FEILDS IN CRYPTOCURRENCIES.
1.Bitcoin
2.Altcoins
Every body know bitcoin.Its the most valuable coin,and has its own position
And field.Altcoin are similar to bitcoin,
They are mostly less valuable but are less in prize than bitcoin,which are good for investing in.The altcoins are going to get more equal to bitcoin in future the altcoins prize will rise so start mining them now using your Computing Power.
its a very risky field to invest for short term.You have to keep the money for long term,for almost a lot of years.If you invest in small cryptocurrency.
THERE ARE TO FEILDS IN CRYPTOCURRENCIES.
1.Bitcoin
2.Altcoins
Every body know bitcoin.Its the most valuable coin,and has its own positionAnd field.Altcoin are similar to bitcoin,
They are mostly less valuable but are less in prize than bitcoin,which are good for investing in.The altcoins are going to get more equal to bitcoin in future the altcoins prize will rise so start mining them now using your Computing Power.
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