Bitcoin miners in india the increasing reliance on the Internet, Bitcoin is gradually, yet assuredly, gaining the interest of a number of investors. A lack of awareness about technology and the functionalities of digital currencies increases the risk of being duped by scams and third-party companies.

Bitcoin is the digital cryptocurrency that you may have been hearing about since years, but may not have invested in one yet. As mentioned earlier, Bitcoin was introduced in 2009 by an unknown person or group with a pseudonym Satoshi Nakamoto. It is a digital decentralised currency protected with layers of encryption and can be used to merchandise through a peer-to-peer network. Like gold, it needs to be mined. However, it is much more scarce, portable, durable, divisible and storable. These properties make it one of the ideal forms of money imaginable.