The best bitcoin wallet(which one to use?) The best Bitcoin wallet to use. A bitcoin wallet is where bitcoins are stored, it can be in the form of a website, an application or a device. Bitcoin is a digital asset and as such, it does not exist in a physical form, so technically they can’t be stored. Instead, it’s the private keys used to access your public bitcoin address. A bitcoin address is similar to a bank account number. It’s…
12 best exchanges to buy bitcoin in Nigeria The best exchanges to buy bitcoin in Nigeria. Bitcoin is the most valuable and popular cryptocurrency, it was created by software developer satoshi nakamoto in 2008, but it wasn’t until 2013 that bitcoin really started catching public attention. The value of Bitcoin has risen significantly over the years, this has made many people interested in investing in Bitcoin. If you want to get in on the bitcoin train, you will probably need…
What is bitcoin mining? The Bitcoin protocol stipulates that 21 million Bitcoin will exist at some point. What Bitcoin miners do is bring them out into the light, a few at a time. Bitcoin mining is performed by high powered computers that solve complex mathematical computations, these computations are impossible to solve by hand. When computers solve these computations, they add transactions to the blockchain and as a reward, they get a new Bitcoin. How does it work? What these…
How to make money with Bitcoin in Nigeria Bitcoin is a decentralized cryptocurrency that was created by Satoshi nakamoto in 2008. It was the first cryptocurrency that was created (or at least, the first we knew about). The value of Bitcoin has significantly risen over the years, although very volatile (since it’s value goes up and down), lots of people have been able to profit/earn from bitcoin, early adopters of this cryptocurrency have made the most profit. As at 2019,…
What is bitcoin(BTC) (Beginner’s guide) In order for you to truly understand what bitcoin(BTC) is, am going to break it down as much as possible. Think of bitcoin as money except that 1. Unlike money, bitcoin is not printed. 2. Unlike money, bitcoin is not controlled by organisations(banks). 3. Bitcoin is limited, this means that a time will come when bitcoin will reach its maximum amount ( 21 million). Who created bitcoin? Bitcoin was created by a software developer Satoshi…