Hi
I am new on this digital form of business of mining bitcoin. No prior knowledge. I just install electrum software on my PC.
Now what should I do next inorder to initiate this digital bussiness. How to mine bitcoin using electrum?
How should I invite others to fund in bitcoin ?
All the fields are empty on my electrum page except my receiving address.
How do we get the transactions ? I will appreciate if someone guide me how to work on it.
Thanks
Ashan
Hey storing bitcoins in a wallet and mining bitcoins using your machine are two different things, electrum is a wallet for storing your coins and not mining them, as soon you have created your wallet you can accept money. In order to receive money make sure you use receive money address. I do hope you know mining bitcoins is not a joke, it's really expensive is electricity that cheap in your country that you wish to mine?
Honestly you're not ready to mine or start your bitcoins journey, i would advise you to read a lot before you jump in.
Hey storing bitcoins in a wallet and mining bitcoins using your machine are two different things, electrum is a wallet for storing your coins and not mining them, as soon you have created your wallet you can accept money. In order to receive money make sure you use receive money address. I do hope you know mining bitcoins is not a joke, it's really expensive is electricity that cheap in your country that you wish to mine?
Honestly you're not ready to mine or start your bitcoins journey, i would advise you to read a lot before you jump in.
Some do nots: 1)Do not share your seed, pin and private keys with anyone. 2) Do not fall for free bitcoins scams 3) Research before you trade with anyone.