Bitcoin Price Calculator


1 Bitcoin equals
7709.46 USA Dollars
1 USA Dollars = 7709.46 Indian Rupees

Currency rate will be changed over a specified time period!



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About Bitcoin Price Calculator

Information about the Bitcoin Currency Calculator Tool!

bitcoin-price-calculator

The Bitcoin Price Calculator tool allows you to convert any amount to and from bitcoin (up to six decimal places) and your preferred world currencies, with conversion rates based on the live CoinDesk Bitcoin Price Index.

What is Bitcoin?

  • Bitcoin is a digital asset and a payment system. It is commonly called a decentralized digital currency.
  • It was invented by Satoshi Nakamoto in 2009.
  • It is an open source software. This means, that no person, company or country owns this network just like no one owns the Internet.
  • The system is peer-to-peer, that is, users can transact directly without an intermediary like a bank, a credit card company or a clearing house.
  • Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. To know what is blockchain.

Bitcoin Mining

  • Just like anyone can join the Internet, anyone can help to verify and record payments into the block chain. This process is called mining.
  • In mining, users offer their computing power.
  • Miners are rewarded with newly created bitcoins and transaction fees.
  • Currently, miners receive 25 bitcoins every 10 minutes. This halves every 4 years. The next halving will happen in mid-2016.