BTC for rookies: understanding Bitcoins and how to mine them [infographic]

Maria Santos
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Last updated on:
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The Bitcoin ecosystem… A place that is simultaneously fantastic and complex, especially for the newcomers. Bitcoin is a hard concept to understand by itself, but it gets even worse when actions like trading or mining come along.

But fear not, dear rookies, because here is an infographic created by Online Accounting Degree Programs that will make (almost) everything clear.

mining-bitconis

Via Mining.com

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Maria Santos
Maria Santos

Maria is an experienced journalist currently living in the UK. She has been writing about Bitcoin and the altcoin universe since 2013. She is also a member of the Lifeboat Foundation's New Money Systems Board and a big cryptocurrency supporter. Read More

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One thought on "1 on "BTC for rookies: understanding Bitcoins and how to mine them [infographic]"

  1. Now, In 2k17 or even in 2k18 all the things became much simpler, I know many guys who wasted about 5–10$k to build their own BTC farm. But now there are a lot of good and more profitable ways to start mining.
    As for me, recently I started to work with cloud mining – that’s a really great way to start, without a high risks. For more info just Google It: Best Bitcoin Cloud Mining Contract Reviews and Comparisons **link removed**
    Also I use Hashflare **link removed** for almost 2 years and this guys are know there business, so I would like to recommend you to start your way from cloud mining services. 🙂

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