What is mining? Mining is the process where miners are awarded coins for approving transactions by solving complex math problems with mining software.
Once you accumulate a number of coins, you will undoubtedly be concerned about how you are going to protect them. After all, the money that you earn gets put either in your hand or in a bank account. Both seem pretty safe – so how can you feel just as safe and secure when considering your digital coins?
One of the blessings and curses of being on the internet is that you are anonymous. This can obviously be a problem when one's intentions are not good or honorable, but for the most part, it is critical to be anonymous – and this is especially true when dealing with financial matters. But in the world of crypto currency, when every single transaction is recorded, how can you keep your identity safe?
Have you ever submitted your credit card information to a website and wondered what happens to your credit card information? Were you ever in a situation when you decided not to buy something because of a suspicious looking website and the only payment option available was your credit or debit card? Or you may have had money vanish from your bank account and the bank tells you that someone withdrew your money from a foreign ATM? Pretty soon these will be issues of the past, once crypto currency becomes the mainstream currency.
Let me introduce you to faucets. Ignore any thoughts of dripping tap water; this type of faucet drips coins. Faucets are an easy way to get some free coins.
Transferring money from one bank account to another by checks seems to be getting slower and slower. It typically takes a few business days, never including weekends. It is inefficient and expensive. Crypto currency solves many of these problems.
There will come a time at some point in the future when you will want to convert your crypto currency back into the more typical currency that you can put into your purse. But how exactly do you go about converting your digital coins to cash?
Many people are interested in crypto currency, but few seem to get involved and actually own some. Why? Because people assume that because the coins are in digital form, you have to be a computer genius to ever get their hands on any. But you could not be more wrong. Creating your own wallet and getting coins really could not be simpler.
As you begin your journey into the world of crypto currency, you will probably see many terms and phrases that you don't quite understand. But you’ll learn as you go, and in this article we are going to take a quick look at bounties.
Technology moves so fast, that it's sometimes surprising that anything written about crypto currency is still accurate! That's why we believe it is so important to keep you well informed about the latest. Visit us often. We will continue to update you with the latest information as well as many new subjects on digital currency that are helpful to keep you well informed.
Once you have made the leap into investing in crypto currency, you want to make sure that no one can get their hands on it. After all, you don't wander around shouting out the pin codes and passwords to your credit cards and online banking – because you want to protect them. But how can you protect something that you can't see, feel, or touch?
So, you've taken the plunge, and you are now one of the thousands of people that own crypto currency. Welcome to the club! You are challenging the way that we view and spend money just by being a part of the crypto currency community. But now you have your crypto currency...where are you going to keep them?
> Store your coins safely and easily in one place...
> Protect your coins!
> So many coins, so little time...
> Getting some coins is easier than you may think
> Converting your coins into cash
> When to use your own wallet
> Get Started Mining
> What are bounties and how do you find them?
> Sending funds faster anywhere in the world
> Understanding faucets
> Send money online securely with crypto currency
> Is crypto currency really anonymous?
Cryptomoms.com is a digital community center with a dedicated mission to encourage and assist women to participate in the emerging world of crypto currency overwhelmingly dominated by men. We begin by creating a culture of mutual respect for women with genuine efforts to help them acquire the basic knowledge about digital currency along with many earning opportunities. We will relentlessly pursue to accomplish our mission through multiple campaigns and outreach projects and invite the participation of our industry peers and advocates to join force with us. We will set very specific quantifiable goals and sponsor creditable surveys to measure our achievement against those goals. For the common good of our industry we are committed to make a difference.