Free Bitcoin – Plus Earn More in just 3 minutes! Or within ten minutes you will know how free bitcoin is transacted on the blockchain. You will understand why people validate transactions for Bitcoin. Finally, you will start mining Bitcoin yourself and earn free Bitcoin (money) while you eat, sleep, work, and play. This lab-created diamond of information is proud and lucky to still be here. Join up now before its time runs out.
The Bitcoin Transaction
You decide you want some pizza but you have no cash. You remember you have Bitcoin and this pizzeria accepts Bitcoin. Fancy that. You walk into the pizzeria and order your large Italian meat lovers and then you go to pay for the pizza. The cashier asks how you are paying and you say Bitcoin. The cashier gives you the address to transfer the Bitcoin to and tada you are the owner of a pizza and the cashier has just taken your Bitcoin.
The Ledger
The transaction is complete for you and the cashier at the pizzeria. The transaction is now traveling over all the nodes of the blockchain leaving a copy of the transaction at each node. Let me explain, Bitcoin operates on the blockchain. A bunch of encrypted transactions validated by peers stored on a database is the what of Blockchain. The blockchain is like a web of computers. When transactions occur they are sent simultaneously to several different nodes (computers). These nodes store the transactions and once a miner validates the transaction, it is time for a new block to open.
Blockchain Blocks
A blockchain is made of blocks that keep the data, the previous block, When a block is opened the Blockchain creates a hash. It does more but for the sake of simplicity. Each block has information from the previous block because they are linked together like chains. Blocks are validated by miners’ computers.
Miners
Miners use computers to validate the transactions and then open a new block on the blockchain. The computer is trying to match the number of the hash. It randomly generates a hash which is a long number and they keep guessing until the correct hash is found.. The number of hashes a miner can produce per second is its hash rate. Miners compete to get the correct hash. Whichever correctly guesses receives the reward of the Bitcoin. A new block opens and the process repeats itself.
Now that we have a basic understanding of the mining process. Let’s go get some Bitcoin of our own.
- Three steps to start mining Bitcoin. First, go here and enter your information.
- Second, download Smart Miner from the app you are in. Takes a minute or so.
- Third, run the benchmark test. Click ok or Start mining.
- You are earning!
Super glad you were able to get on. Soon people will not be allowed to mine Bitcoin.
Every 210,000 transactions Bitcoin is halved. The rewards for mining decrease. All 21 million Bitcoin will have been mined by 2040. Currently, the reward is 6.25. In 2024, after halving the reward will only be 3.125, and the bad thing is the hashes are getting larger and harder to crack. So, earn that digital delightfulness while you can. And spend it wisely!! Watch this video to understand more.
Earn more Bitcoin by referring friends. (This is AWESOME!)
The links you received to sign up today will receive one of these links. Have your friends and family join to mine Bitcoin and you may get a referral reward. This means you will have an increase in the Bitcoin you receive. Great incentive huh? Remember this all at no charge. You are the master of your earnings now.
Value as a BITCOIN MINER: There are several ways to earn top dollar by referring people and using more than one computer to mine. We have several years before they stop us from mining. You have time to receive a fortune. The talk is that Bitcoin is going to rise in value pretty soon. Would you not like to already have some Bitcoin started in your wallet when the price rises? I know I would and do. Having this program is like having an extra egg in the basket.
The smart people are mining and it does not cost you anything. Will you mine today? Go on and mine!
Response Magic