This document provides an overview of bitcoins, including how they work and how to obtain them. It explains that bitcoins are a digital currency not controlled by any entity that can be used to buy goods. It outlines two main ways to get bitcoins: by solving mathematical problems using specialized hardware running bitcoin software, or by exchanging other currencies for bitcoins. The document also describes how bitcoin wallets store and track bitcoin holdings, the process of bitcoin mining including solo and pool mining, and how transactions are recorded on the public ledger through encryption with public/private keys.

1. Presentation
On
Bit-Coins

2. Contents:-
 What is bit coin?
 How to get Bit Coin
 Bit Coin Mining
 Bit Coin pool Mining
 Bit Coin Transactions

3.  Digital currency- created and held electronically.
 Not controlled by anyone.
 Not printed like Rupees or dollar
 Used for buying goods.
 Produced by people.
 Location Independent
About Bit-Coins

4. How to get Bit-Coin?
To solve mathematical problem on
specialized hardware by running
bitcoin software on it.
To buy it by exchanging rupee or
dollar or yen

5. Step 1:Choosing Hardware

6. Step 2:Running Software on hardware
 General Ledger - store all transactions.
 Connect your computer with Bit Coin Network and load list
of blocks.
 Allow you to join pool of miners.
 Miner solves Mathematical problem presented by software.

7. Step 3:Set up a bit coin wallet
 Like bank account.
 Have a unique address.
 Have a public key and private key used for encryption and
decryption during transaction.
 Use to store individual bitcoins.

8. Bit Coin Pool Mining
 Problems are hard.
 Miners work cooperatively.
 Share the bounty.

9. Bit Coin Transactions
 Every transaction stored in public ledger.
 Every miner have information about all transactions.
 Transaction takes place through encryption and
decryption with help of public and private key.

10. THANK YOU…..!!