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Bitcoin: The Ultimate A - Z Of Profitable Bitcoin Trading & Mining Guide Exposed (The Blokehead Success Series) - Softcover

Book 9 of 43: The Blokehead Success Series

Blokehead, The

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9781503300347: Bitcoin: The Ultimate A - Z Of Profitable Bitcoin Trading & Mining Guide Exposed (The Blokehead Success Series)
Softcover
ISBN 10: 150330034X ISBN 13: 9781503300347
Publisher: CreateSpace Independent Publishing Platform, 2014

Synopsis

How does the bitcoin protocol work? A person cannot mix indefinite bitcoins. The bitcoin protocol states that there will only be twenty-one million bitcoins to be produced by the miners. These bitcoins will then be subdivided into smaller bits. The smallest bit is called ‘satoshi’ named after the bitcoin founder and the divisible amount is one hundred millionth of a bitcoin. Bitcoin currency is based on mathematical formulas unlike our conventional currency that is based on gold and silver. Mathematics is used to generate or ‘mine’ bitcoins. The software programs containing these mathematical formulas are made available to everyone. This means that anyone can access these formulas to ensure that it serves its purpose.

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About the Author

The Blokehead is an extensive series of instructional/how to books which are intended to present quick and easy to use guides for readers

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Publisher
CreateSpace Independent Publishing Platform
Publication date
2014
Language
English
ISBN 10 
150330034X
ISBN 13 
9781503300347
Binding
Paperback
Number of pages
40
Rating
  • 3.80 out of 5 stars
    15 ratings by Goodreads