Cryptocurrency 101 - Crypto ๐ŸŒŸ Bitcoin ๐ŸŒŸ Ethereum

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DIGITAL CURRENCY
โ— A means of payment that exists purely in electronic form.
โ— Digital money is not tangible like dollar bills or coins.
โ— Accounted for and transferred using computers,
smartphones, credit cards and the internet.

CRYPTOCURRENCY
โ— Cryptocurrency is a digital currency.
โ— Cryptocurrency is extremely difficult to counterfeit.
โ— Cryptocurrency is not issued by any central authority.
โ— Cryptocurrency is less susceptible to interference or manipulation.
โ— Cryptocurrency uses blockchain to store the details of all
transactions.
โ— Bitcoin is the most well known cryptocurrency.

BLOCKCHAIN
โ— Digitized, public ledger of all the recent cryptocurrency
transactions called blocks.
โ— Blocks are linked and secured using cryptography.
โ— Allows market participants to keep track of digital
currency transactions without central recordkeeping.

THE FUTURE
โ— Because of the unique benefits, many people believe
cryptocurrencies will replace traditional currencies in
the future.
โ— People all over the world are investing in or purchasing cryptocurrency coins.

CRYPTOCURRENCY MINING
โ— Cryptocurrencies are digitally mined rather than produced by a government.
โ— Mining cryptocurrency is the act of participating in a peer to peer
cryptocurrency network to solve complex mathematical sequences or problems digitally.
โ— Cryptocurrency mining includes two key functions:
โ—‹ 1 - Adding, securing, and verifying transactions to the blockchain
โ—‹ 2 - Releasing or producing new currency
โ— Cryptocurrency miners use special hardware and mining software to solve each mathematical sequence and are rewarded for doing so.
โ— Hash Rate: The speed at which the computing takes place is called the hash rate. A higher hashrate or more hashing power is better as it increases the opportunity of finding the next block and receiving the reward.

HOW CAN YOU CAPITALIZE?
โ— Wealth Generators has invested into state of the art cryptocurrency
mining equipment in Hong Kong and Iceland.
โ— Cryptocurrency mining equipment lease contracts are now available to CRYPTO customers.
โ— Contracts provide customers 1200 days of cryptocurrency mining

To learn how you can start mining cryptocurrency today, visit http://bit.ly/digitalcurrencyqueens for more info.

Cryptocurrency 101 - Crypto ๐ŸŒŸ Bitcoin ๐ŸŒŸ Ethereum | Ecency