Bitcoins are generated by raw computing power. In the very beginning anyone was supposed to mine BTC on a home computer. However, only 21 million coins can ever exist, and every new bitcoin makes the next one harder and slower to produce.
That is why giant "bitcoin farms" now dominate the landscape—warehouses packed with thousands of high-end processors and graphics cards. For the average person, solo mining is no longer an option; the only practical way to obtain bitcoin is to buy it.
Each freshly mined BTC enters the blockchain—a public ledger that stores the code of every coin and every transaction secured by advanced cryptographic proofs. This mathematically guarantees that a specific bitcoin can belong to only one person at a time, unless it is voluntarily sent or stolen through a hack.
Treat BTC Like Real Money
Virtual coins deserve the same security mindset as cash. Deals with shady individuals or unvetted exchanges are non-refundable: once you broadcast a transaction, it cannot be reversed. The young bitcoin market attracts many first-time investors, creating fertile ground for scammers—always verify counterparties before you send funds.
Why Use Bitcoin?
- Instant, borderless transfers—any amount, any time, with fees so small they are practically invisible.
- No bank delays; traditional wires can take a full business day and carry 1–3 % charges.
- Decentralized network—your location does not matter; a transaction zooms across the globe in seconds without asking a bank for permission.