The first cryptocurrency – Bitcoin, was released in 2009 by a pseudonymous developer by the name of Satoshi Nakamoto. If it isn’t the first, then it is certainly the first to gain global public attention. We have all heard of stories of somebody paying for a couple pizzas or perhaps a boutique waffle nearly a decade ago with a large quantity of bitcoins, a quantity that made you pull out your smartphone calculator app and leave you with the realization that if only you had been that food vendor, you would now be able to pay off a small town’s worth of mortgages. Bitcoin has astonishingly shaken the world since 2009 and it is no mystery why its founder(s) remain discreet. It has attracted both praise and scrutiny since its subtle beginnings, and as each individual bitcoin surpassed twice the price of an ounce of gold in 2017, one can’t help but realize that it just might be here to stay.
Learn more about Bitcoin
|Symbol / Tag||BTC|
|Genesis Block Created||Monday, August 20, 2009 01:19:16 GMT|
|Block Time||10.00 minutes|
|Total Coins to be Issued||21,000,000|
|Downloads||Linux, Mac, Windows|
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To get started with Bitcoin you first need to download a wallet for your particular device and operating system. A Bitcoin wallet stores your private keys and enables you to send and receive bitcoins. Please visit our guide where we explain the best practices you can implement to help keep your holdings secure. You can choose between desktop, mobile, web or hardware wallets designed for a variety of operating systems below:
Stores Accepting Bitcoin
Services Accepting Bitcoin
The Bitcoin mining process involves compiling recent transactions into blocks while trying to solve a computationally difficult puzzle. The first participant (miner or group of miners) who solves the puzzle gets to place the next block on the blockchain and claim the rewards. The rewards incentivize miners to uphold and secure the Bitcoin network. Be sure to read our quick-start guide on some of the intricacies that are involved with mining cryptocurrencies. Below you’ll find Bitcoin mining software and hardware you can use to be a successful miner.
BitMinter might not be the most popular mining software, it’s certainly one of the best when it comes to connect with users and potential “clients”. The software’s official website is quite complete and straightforward: for the creators of the program, it’s all about making Bitcoin mining “easy” and winning “high payouts”. BitMinter is different because it’s a software that belongs to a mining pool, so your initial step is to register and fill in the pool sign-up form. So, it’s a great option if you’re looking for a simple installation.