faulker047

Bitcoin is a virtual currency that uses a peer-to-peer system to confirm transactions through public key cryptography Model, which maintains records of every single transaction and fairly transparent. Bitcoin is not issued or backed by a government or a business, it runs on computer code on a decentralized network. With the Increasing popularity of Bitcoin and being pretty hard to Mine, Users are adopting unethical ways to mine them and hackers are continuously targeting the network to hack the Mining pools. Let us see how Bitcoin Works and the legitmet ways to Mine(earn) Bitcoins. How Bitcoin Work? The Math behind Bitcoin says that to transfer Bitcoins you just need a payer and a payee. It eliminates a trusted third party, such as a government, a bank, or credit card company. i.e. there is No Central Authority or Server. The Transfer Only needs network of computers running Bitcoin software. Each Bitcoin is made up of Digital signatures. Digital signatures are ‘math operations’ that yo...

Recently, I have been closely watching the bitcoin scam sites on TOR network that offer double or 100x bitcoins towards your initial investment and after having several bad attempts, I learnt that these people are really smart at luring innocent users and ultimately scamming them. For example, take a look at this website that I found on dark web. Nothing rocket science but just a simple looking landing page that describes what it does with proof. Looks very legit right? Unique exploit that will multiply your bitcoins, super fast service and transparent (with proof of payment). But guess what! Its a big SCAM, They are earning hundreds of bitcoins per day by exploiting innocent users and Nobody can do nothing about it, Since its on TOR network. Any Bitcoin multiplier scheme that tells you, your bitcoin will be doubled or multiplied X times within a few days or 24 hours is a pure scam. There is no way these guys are generating that amount of Bitcoins from nowhere. You may ask me, how can ...