What is Bitcoin Mining? Complete Guide for Beginners

Bitcoin mining

Wouldn’t it be great to earn Bitcoin every day?

Right now people are rushing to get their hands on as much Bitcoin as possible and there are only a few ways you can do this:

  • Buy it from an exchange
  • Trade it for goods or services
  • Mine it

The first two options are fine, but mining is by far the most lucrative and you can start mining Bitcoin very quickly and easily.

Firstly though, do you even know what Bitcoin is? Or what it can do for you?

Here’s a short video which explains it all.

 


 

Each day there are 3,600 new Bitcoins issued to miners. You can watch this happening live on blockchain.info

At a value of just $300 each, that’s more than $1,000,000 worth of new Bitcoins issued each day. The price fluctuates up and down as Bitcoin is traded in real time across dozens of trading platforms, just the same as any other currency or commodity.

Did you even know this was happening? How cool would it be to be able to mine your own Bitcoins and secure a share of this massive daily payout?

This video explains exactly how Bitcoin mining works.

 


 

It’s no surprise that most people don’t know about this yet. The miners are keeping it quiet so they can mine all that money for themselves!

Think about it.. you plug-in a machine and starts mining. Therefore, the more machines you have the more often you unlock a new block and that means even more money earned.

That’s where BitClub Network comes in.

You don’t want a whole bunch of machines taking up space in your home, right?

But, of course, you definitely want to be able to mine Bitcoin for yourself. Who wouldn’t want that?!

This video explains how BitClub Network works.

 


 

I believe the price of Bitcoin over the next 1,000 days will be significantly higher than it is today. This makes investing in Bitcoin a very good idea if you just buy it and hold it.

However, instead of just buying and holding it, mining is a strategic way to leverage your investment. And there’s no work involved at all; the mining is managed for you.

The concept is very simple. You purchase Bitcoin and then you put your Bitcoin to work in the mining pools so that in 1,000 days you have a LOT more Bitcoin than you started with. And when Bitcoin value rises? You benefit even more from that!

I have personally invested in BitClub Network and I am watching daily profits added to my account. It’s a fantastic investment!

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Steve

Steve

Steve has been investing ever since his first share purchase (in Dunlop) way back in the 1980s. Since then, he has built a diversified portfolio of mainly low-to-medium risk investments but bucked that trend by investing in Bitcoin during 2015 at a price of just $230. This has gone on to become Steve's best investment by far, though his main focus remains on steady compounding.

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