Is Bitcoin gold mining real or fake?

It’s true. But be careful. The fluctuations are too high, so professionals are recommended.

Bitcoin is different from most currencies. Bitcoin does not rely on the issuance of a specific monetary institution. It is generated through a large number of calculations based on a specific algorithm. The Bitcoin economy uses a distributed database composed of many nodes in the entire P2P network. To confirm and record all transactions, and use cryptographic design to ensure the security of all aspects of currency circulation.

It is an online virtual currency with a limited quantity, but it can be used to cash out: it can be exchanged for the currencies of most countries. You can use Bitcoin to buy some virtual items, such as clothes, hats, equipment, etc. in online games. As long as someone accepts it, you can also use Bitcoin to buy real-life items.

Compared with legal currency, Bitcoin does not have a centralized issuer, but is generated by the calculation of network nodes. Anyone may participate in the creation of Bitcoin, and it can be circulated around the world and can be issued anywhere. Anyone can mine, buy, sell or collect Bitcoins on any computer connected to the Internet, no matter where they are, and outsiders cannot identify the user's identity during the transaction.