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Whats up there,  
  
This is my very first article here so hopefully this gets approved, I am going to share some points about bitcoin and blockchain.  
  
For these of you who do not know what Bitcoin is let me put it this way, Bitcoin is a currency which can't be controlled by any bank or any authorities, it is basically a virtual currency and could be bought online using real money.So then apart from being a decentralized currency what are its advantages, well you'll be able to transfer bitcoin anyplace in this world without a lot charges, you could be one hundred% nameless while doing transactions thanks to a technology called blockchain.So then what is the big thing about this you could ask, well let me tell you when it first launched it has completely no worth but now 1 bitcoin = 6,689.35 $ that's some pretty impressive development is not it?.  
  
So how does this thing grow chances are you'll ask, well let me inform you methods to maintain a blockchain there should be something called a ledger where all the transaction has to be noted and to develop into a block in a blockchain a hashing function needs to be solved and producing bitcoin by solving hashes are called Mining Bitcoin.  
  
To resolve the hashing perform typically people used graphics cards but as time passed by bitcoin got more difficult to mine and dedicated hardware called ASIC miners have been introduced.  
  
So individuals who spend their time and money to mine bitcoin will be rewarded in bitcoins and as more and more people become part of this blockchain its worth will increase.  
  
so how can I make cash with bitcoin, there are ways  
  
1.you may trade bitcoin/altcoin(any cryptocurrency other than bitcoin is called altcoin, yes there are literally thousands of them)  
  
2.you'll be able to mine them on your own  
  
Each of those methods have their own advantages and disadvantages, because bitcoin is managed by nobody it is extremely unreliable at some point it might be price 10,000$ and the subsequent day it may drop to one hundred$. Trading essentially means buying bitcoin for real cash and praying that its value will go up and selling it when it has gone up.This approach may be very risky and chances are you'll end up shedding cash slightly than making any profit.  
  
Or you may select to mine bitcoins, however here is what you need to consider, mining hardware is super expensive and mining requires a lot of electricity,additionally mining issue is getting higher every single day so that you won't be able to get some profits without high initial investment.  
  
That being said bitcoin trading and mining are good ways to make cash for those who know what you might be doing.  
  
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