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Bitcoin Experts Providing Everything Business & Bitcoin. Bitcoin And Business Equals Bitboxy

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By Author: Bob Smith
Total Articles: 206
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If you have not heard about Bitcoin and digital currency yet, it's time to wake up and smell the coffee. In just few short years, Bitcoin has garnered a market cap in the billions and is gaining traction in every corner of the world. Many ask why and for what reason does this ‘currency' deserve any attention whatsoever? How is Bitcoin different from any paper-based currency we use currently? And the question on everyone's mind is, "Is this just a passing fad?
Some myths and fallacies that we address here because we want to provide you with a little more insight into Bitcoin and digital currencies, why they exist and where they are going.
First question is, what is Bitcoin? It is a peer to peer transaction chain that can be stored and is designed primarily for spending on goods and services. More specifically, it is a hash code using the strongest encryption we have to date where the record is kept transparently, securely and anonymously with redundancy throughout the Internet. The ‘blockchain' is the source of bitcoin and the store of transactions for all Bitcoin.
This constant string of values ...
... is processed or mined to match transactions and when new Bitcoin are found, they belong to the miner that discovered the matching transactions. There are many pools (private and public) that group together efforts to mine for Bitcoin and several of the larger pools make up the majority of the petaflops currently being hashed which is devouring the network in search of (string values to match.
Don't know mining, not technical and don't know where to start, but you want to earn Bitcoin. Perhaps you do understand the concept and how Bitcoin works but still need assistance with start to finish creation of a Bitcoin generating product or service. Multiple resources exist where you can find information on how to start generating Bitcoin. One of the best that we found is http://www.bitboxy.com, but do your research as there are a lot of websites being developed devoted to Bitcoin.
Here is a short video from bitboxy explaining the basics of Bitcoin and digital currency http://youtu.be/M5LFmjJgpts. Make sure you research and understand where you should start. If you are already conducting business in Bitcoin, there are plenty of ways to improve and become more efficient. The best resource on the web to get information and services for Bitcoin. Bitcoin and Business - It's a Natural. When you need to find information or services to earn Bitcoin, find them at Bitboxy.com. Bitcoin plus Business equals Bitboxy.

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