Learn Crypto with Bit.Fan Academy

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Bitcoin is a decentralized digital currency with a fixed supply. This guide explains what it is, how it works, why it has value, and its main risks.

Is bitcoin mining legal? It depends on local rules for electricity, property use, business activity, and taxes rather than one global answer.

Bitcoin is usually dated in two steps: the white paper appeared in 2008, and the network began with the genesis block in January 2009.

The last Bitcoin will not be mined anytime soon. Bitcoin issuance slows after each halving, so the final stretch takes a very long time.

How is bitcoin used? People use it to buy, hold, send, receive, and sometimes pay merchants. The key is learning each step without falling for scams.

Can you mine bitcoins on an iPad? In practice, no. An iPad can help you monitor mining or manage wallets, but it is not a real Bitcoin miner.

Is it illegal to mine bitcoin? Not everywhere. Legality depends on local rules on power use, business activity, noise, safety, and taxes.

How is bitcoin valued? BTC value comes from supply, scarcity, demand, liquidity, network effects, and risk pricing rather than one fixed formula.