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Bitcoin (BTC) is a cryptocurrency that functions on a Proof of Work (PoW) system - where a series of computers compete to form the next block in the chain and, in return, be rewarded with the native cryptocurrency. This system is how BTC operates.
*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.
Bitcoin (BTC) is a cryptocurrency that functions on a Proof of Work (PoW) system - where a series of computers compete to form the next block in the chain and, in return, be rewarded with the native cryptocurrency. This system is how BTC operates.
*The content hereby presented is for informational purposes only. Nothing of this content that is available to you shall be considered as financial, legal or tax advice. Please, keep in mind that trading cryptocurrencies pose a considerable risk of loss.