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Bitcoin Wallets – Bitcoins UK
In order to send and receive Bitcoin you will need a Bitcoin wallet. Bitcoin does not have accounts as such, but uses addresses, which look like long strings of random numbers and letters, E.g. 1Don44Hs9b4zxGH6xnrDbjHLmaZq8Ja3EM. Anybody can send bitcoins to any address, but you can only spend the bitcoins at an address if you have the private key. Think of the private key as the password, which...
Mining – Bitcoins UK
The fact that you can generate bitcoins yourself using a computer is often one of the first things that people hear about Bitcoin, at least in the early days when it was realistically possible to do so on a home computer. Bitcoin mining serves two very important purposes. It gets the initial coins into circulation and it records all the transactions that take place. It does both these things...
Related topics : bitcoin mining computer build / bitcoin mining computer / bitcoin transactions per block / all you need to know about bitcoin mining / bitcoin mining difficulty setting
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