Bitcoin as a Payment in Online Casinos
Increased excitement around cryptocurrency caused by the high popularity of Bitcoin. It is recognized by many as a valuable settlement tool. But in order to understand what Bitcoins are, where to get them from, you should first understand the history and the technical part of its creation. And the first thing to learn, Bitcoin is a virtual currency. Unlike the US Dollar, it is not backed by material resources. Constantly there are disputes who have created Bitcoin. According to the official version - this is Satoshi Nakamoto. The idea of an electronic payment system based on mathematical calculations is attributed to him. The concept of the emergence of cryptocurrency is the cause of its features - the digital nature provides decentralization, uniform distribution of the Bitcoin system throughout the world. Segment of gambling entertainment don't lack behind in terms of accepting bitcoins. Nowadays a lot of online casinos catch up the hype train of bitcoin currency. You can easily use bitcoin as a payment method in bitcoin casinos. You can find suitable online casino in our casino list here.
Where do bitcoins come from
You can become an owner of bitcoins in several ways - buy them in exchange for real currency or get as a reward for your work, or you can play for it in online casino. But the original source is mining: generation using mathematical calculations. Theoretically, the owners of any computers can install mining programs to earn Bitcoin virtual currency.