Congratulations! Here’s your free $2 USD in Bitcoins!
| https://www.instawallet.org/w/dKjYUiy2KiAaDfvfVxkRUA |
If have used Bitcoin before, please wait at least 1 hour from the time you first saw this post so that people unfamiliar with Bitcoin can have a chance to experience it. If you are new to Bitcoins and want to claim this free money, make sure you learn about Bitcoin wallets so you can move these free Bitcoins to a safe location.
If you’re the luck one to snatch these Bitcoins, please send me a message. I’d like to contact everyone after the promotion to learn what you did with your Bitcoins and write about it.
Today’s Bitcoin Concept: Mining
Mining Bitcoins is a means to prevent double spending and inflate the currency into existence. About every 10 minutes, a miner will successfully combine the latest Bitcoin transactions with a bit of difficult mathematics and cryptography in such a way that prevent users from double spending their Bitcoins. Successfully “confirming” these transactions will also result in the Miner being awarded some new Bitcoins. Each of these transaction blocks are linked together with previous blocks in such a way that is computationally infeasible that older blocks can be forged or changed. With each new block, your confidence in the validity of previous transactions grows exponentially. This chain of transaction blocks is called “The Blockchain” and is a fundamental and very important data structure to Bitcoin. It literally contains every transaction ever made on the Bitcoin network – until the end of Bitcoin.
Don’t forget to let me know who gets the dough. I’m trying to keep a list of participants to find out about your experience.