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BTC
BTC is the ticket symbol used to represent Bitcoin. 1 BTC refers to one Bitcoin. 2 BTC refers to 2 Bitcoins, etc..
Bitcoin wallet
A software program that stores your Bitcoins or other cryptocurrencies. A wallet is essentially your bank account for your Bitcoin and/or other cryptocurrencies.
Blockchain
Blockchain is distributed ledger technology.
These digital ledgers contain data such as transaction records, attributes; all in chronological order. The records in the block chain...
Bitcoin
A form of digital currency created by Satoshi Nakamoto in 2009.
Bitcoin is a decentralized network that allows users to transact on a peer-to-peer basis,...
ASICMiner
An ASICMiner is specialized hardware to mine Bitcoin.
ASIC is an acronym that stands for: Application Specific Integrated Circuits.
See ASIC.
ASIC
Acronym for "application-specific integrated circuit".
ASIC typically refers to specialized mining chips or the whole machines built on these chips. An ASIC chip is designed...
Air-gapped computer
A computer that has never touched an external connection, ie: the open web. An air-gapped computer never connects to the internet.
What Is Mining?
Mining is the process which new coins are created and given to computers to help maintain the network. Â
The computers, or humans that operate...
Can I pay with Bitcoin?
Yes, you can pay with Bitcoin & there are merchants that are accepting Bitcoin as a source of payment.
Would you *want* to pay in...
Where Do I Keep My Bitcoin?
You store your Bitcoins (and all cryptocurrencies) in a wallet.Â
Choosing a wallet is an important aspect in investing in crypto; there are many...