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Topic: I AM NEW PLEASE HELP - page 2. (Read 1668 times)

newbie
Activity: 40
Merit: 0
September 02, 2012, 01:28:46 PM
#7
I think that long string is your address.  I also think that if you backup your wallet (.dat file) you can get that string again and whatever coins you have had in case of a loss.

Mining is verification that encrypted blocks are correct (SHA256 protocol).  Currently there is a reward for mining.  Once someone finds a valid block and it is properly verified, they receive a bitcoin bounty.  The bounty is 50 bitcoins right now, but will be 25 bitcoins in about 90 days.  Mining uses specialized hardware to accomplish at a fast rate and is very competitive.  Until butterfly labs delivers their ASIC (Application Specific Integrated Circuit) miners, the best miners will give around 800GH for around 1000 USD.  Currently, 800GH is worth about 10 bitcoins a month (very roughly).

You could earn mining through mining, trading bitcoins on the market (speculation) and selling real goods and services for bitcoins.
newbie
Activity: 28
Merit: 0
September 02, 2012, 01:25:00 PM
#6
hmm i have read wiki posting but didnot understand now i have 2 question

Mining is job or what ?

and how to earn money ?
donator
Activity: 994
Merit: 1000
September 02, 2012, 01:21:35 PM
#5
I went in bitcoin wallet software and got this 14YKNttT6JZaGt27AyFfXhjKeydcYg7DqQ

is this my wallet id ? and what if i uninstall the software will this 14YKNttT6JZaGt27AyFfXhjKeydcYg7DqQ id delete ?

Please use an online wallet service like coinbase.com and get used to the way wallet works if you don't want to read all the wiki posts. But don't store a lot of money in an online wallet. (Not more than you can afford to loose).
newbie
Activity: 28
Merit: 0
September 02, 2012, 01:09:36 PM
#4
I went in bitcoin wallet software and got this 14YKNttT6JZaGt27AyFfXhjKeydcYg7DqQ

is this my wallet id ? and what if i uninstall the software will this 14YKNttT6JZaGt27AyFfXhjKeydcYg7DqQ id delete ?
newbie
Activity: 28
Merit: 0
September 02, 2012, 01:07:03 PM
#3
Thanks Anyway and congratez  for your 100 post Smiley
legendary
Activity: 1652
Merit: 1016
September 02, 2012, 01:04:16 PM
#2
Be easier if you read the beginners wiki rather than trying to explain.

https://en.bitcoin.it/wiki/Getting_started
newbie
Activity: 28
Merit: 0
September 02, 2012, 12:57:42 PM
#1
 Dear sir and madam i hve heard about bitcoin so i have download bitcoin wallet but now what ? how to get wallet ID ? And can u please tell me how to earn bitcoin's please tell me i am newbie
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