At HideoutCo, they believe that you deserve a better way to discover and enjoy awesome quality videos uploads : (at higher resolutions). Once you join HideoutCo, you’ll be treated to a better viewing experience, featuring handpicked content from amazing creators.

Exclusive Content: Find new videos from creators that can’t be found anywhere else. From music videos, to celebrity news, to food videos you'll definitely find your favorite videos at HideoutCo.

Watching videos shouldn’t be a guessing game. Besides awesome content, HideoutCo is packed with a ton of SWEET features, and while watching interesting and fun videos,
earn free BTC while you watch.

Click Here And Join The Best - Hideout.Co

HideoutCo points can be traded to HideoutCo Partners useing the following Crypto Currencies:
Bitcoin [BTC] Bitcoin Cash [BCH] Ethereum [ETH] Litecoin [LTC] Dash [DASH] Dogecoin [DOGE]

Trade Your HideoutCo Points To The Highest Paying HideoutCo Partner... TimeBucks

pays by Bitcoin - Paypal - Payeer - TransferWise - AirTM - and Gift Cards
Or you can buy Silver and Gold with your BTC at Apmex The Largest Seller Of Gold and Silver on The Net.

Earn Free Bitcoin


How Bitcoin Works

Bitcoin is one of the first digital currencies to use peer-to-peer technology to facilitate instant payments. The independent individuals and companies who own the governing computing power and participate in the Bitcoin network, also known as "miners," are motivated by rewards (the release of new bitcoin) and transaction fees paid in bitcoin.

These miners can be thought of as the decentralized authority enforcing the credibility of the Bitcoin network. New bitcoin is being released to the miners at a fixed, but periodically declining rate, such that the total supply of bitcoins approaches 21 million. Currently, there are roughly 3 million bitcoins which have yet to be mined.

In this way, Bitcoin (and any cryptocurrency generated through a similar process) operates differently from fiat currency; in centralized banking systems, currency is released at a rate matching the growth in goods in an attempt to maintain price stability, while a decentralized system like Bitcoin sets the release rate ahead of time and according to an algorithm.

Bitcoin mining is the process by which bitcoins are released into circulation. Generally, mining requires the solving of computationally difficult puzzles in order to discover a new block, which is added to the blockchain. In contributing to the blockchain, mining adds and verifies transaction records across the network.

The mining difficulty began at 1.0 with Bitcoin's debut back in 2009; at the end of the year, it was only 1.18. As of October 2019, the mining difficulty is over 12 trillion.

For adding blocks to the blockchain, miners receive a reward in the form of a few bitcoins; the reward is halved every 210,000 blocks. The block reward was 50 new bitcoins in 2009 and is currently 12.5. As more and more bitcoins are created, the difficulty of the mining process – that is, the amount of computing power involved – increases.

Once, an ordinary desktop computer sufficed for the mining process; now, to combat the difficulty level, miners must use expensive, complex hardware like Application-Specific Integrated Circuits (ASIC) and more advanced processing units like Graphic Processing Units (GPUs). These elaborate mining processors are known as "mining rigs."

One bitcoin is divisible to eight decimal places (100 millionths of one bitcoin), and this smallest unit is referred to as a Satoshi. If necessary, and if the participating miners accept the change, Bitcoin could eventually be made divisible to even more decimal places.

Currency Converter

© Copyright 2020 BTC-AT-WORK.COM all rights reserved