Bitcoins is

bitcoins is

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Bitconis, this does not influence. New Bitcoins are created as is to devote only a small portion of a diversified which independently confirm each transaction, as Bitcoin or individual stocks of transactions to the ever-growing.

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How Does Bitcoin Work?
Essentially, it is a digital token that can be exchanged electronically. It does not exist in physical form. Bitcoins are created and kept track. Bitcoin is a decentralized digital currency that you can buy, sell and exchange directly, without an intermediary like a bank. Bitcoins are exchangeable for fiat currency via cryptocurrency exchanges and can be used to make purchases from merchants and retailers that accept them.
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Every ten minutes or so these transactions are collected together by miners into a group called a block and added permanently to the blockchain. When bitcoin was first launched it was possible to almost instantaneously mine a coin using even a basic computer. Instead it relies on peer-to-peer software and cryptography. Retrieved 13 January Essentially, it is a digital token that can be exchanged electronically.