Question: What are the ways, by which I can mine for a bitcoin? Can anyone please give me some advice?
Answer: Cryptocurrencies are the first decentralized digital currency, as the system works without a central bank or single administrator. The network is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes through the use of cryptography and recorded in a public distributed ledger called a Blockchain PR.
So, basically bitcoin is an open system, so anybody can join the network as a miner. You just need to know the correct use of bitcoin, and then you can mine and earn profit. As, IRS have also declared bitcoin as an asset, so there is no chance of having any kind of fraud. The word cryptocurrency sounds only weird, but apart that it has so many benefits that are very reliable and safe.
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