Nowadays, Bitcoin is being discussed aloud in the cyber space. So, for your knowledge, let me tell you that Bitcoin is just a virtual currency and not in the physical existence. Various websites accept this currency for online shopping. A Japanese computer programmer invented the currency in 2009.
Bitcoin is the series of characters and numbers, which can be placed safely inside a virtual wallet. No central bank issues this currency and no government agency manages the Bitcoin.
How Bitcoin is created
New Bitcoins are created using an open source software and this process of creating new virtual currencies is known as mining. Everyone can perform mining to create Bitcoins. But, to create Bitcoins, it is necessary to have high speed Internet and high performance computer power.
Recently, the world’s first Bitcoin ATM came into being in Canada. Using this ATM, any official currency can be converted into Bitcoin......

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