How to Mine Bitcoin

It is also quite simple to mine Bitcoin. You can download a dedicated Bitcoin calculation tool, then register on various cooperative websites, fill in the registered username and password into the calculation program, and then click on the calculation to officially start.
After installing the Bitcoin client, you can directly obtain a Bitcoin address. When someone needs to pay you, you only need to give the address to others and they can pay through the same client. After installing the Bitcoin client, it will assign you a private key and a public key. You need to back up your wallet data including the private key to ensure that your property is not lost. If you unfortunately format the hard drive completely, your Bitcoin will be completely lost.

How to get Bitcoin <br/>First, your computer should have the latest version of the Bitcoin client installed. After opening the client, it will automatically download all transaction information on the network to the local computer. Depending on the network speed, this process may take several hours. At this time, your account balance is 0. You can ask your friends to send you some coins, but there are two more feasible ways: one is to work as a miner to mine, and the other is to work as a merchant to purchase.
Being a miner means using your own computer to produce Bitcoin. In the early clients, there was an option for mining, but it has been cancelled now. The reason is very simple. As more and more people participate in mining, it may take several years for one person to mine 50 coins. Therefore, miners are generally organized into miners' guilds to mine together. You can search for specific mining methods on the Internet.
As a businessman, you can use money to buy the coins mined by miners, or you can open an online store to sell things and receive Bitcoins, or you can go to the exchange to trade coins. There are many websites that provide Bitcoin exchange services now, and almost any currency can be exchanged. If you really don't know how to exchange, you can also ask Laodu for help.

How to spend Bitcoin <br/>Today, many websites targeting technology players have begun to accept Bitcoin transactions. Including websites such as Mtgox, and some Taobao stores, which can even accept Bitcoin to exchange for US dollars, euros and other services. There is no doubt that Bitcoin has become a real circulating currency, not a virtual currency like Tencent Q coins.