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- Website updated Feb 3
- Bitcoin continues to grow Dec 17
- 12 Days of christmas surprises! Dec 14
- 25 Free spins available this weekend! Jul 03
- Movietickets.com now accepts Bitcoin Jun 15
- Free spins at Betchain Casino! Jun 12
- Bitcoin adoption explodes in Venezuela Jun 10
- 3D Bitcoin mining chip from KnCMiner Jun 4
- Ulbricht sentenced to life in prison May 31
- Bitstarz: 100 NetEnt games added May 29
- Dailycoins.net T-shirt Campaign May 27
WHAT IS BITCOIN?
Bitcoin is a digital currency and peer-to-peer payment system introduced as open source software in 2009. Bitcoin is not controlled by government or any central bank. The network is designed to generate over 21 million Bitcoins and set up to regulate itself to deal with inflation. All the transactions are anonymous, encrypted and handled by a decentralized global network of tens of thousands of personal computers.
Bitcoins can be purchased directly from exchange services such as Coinbase.com and Bitstamp.net or they can be generated using computer hardware by what is known as "Bitcoin mining". If you don't want to make any investments we suggest that you check our free cryptocoins section. There are several thousands of merchants around the world that already accept Bitcoin as a payment method.