The bitcoin.com.au blog

Wallets are an essential part of a functioning cryptocurrency. They are a way for users to access and interface with the blockchain.

If you’re new to Bitcoin, you may have heard the term “satoshi” thrown around on various websites and wondered what it means. Satoshi Nakamoto, the elusive inventor of Bitcoin, introduced the concept of satoshis as the tiniest unit of the cryptocurrency. In this blog post, we’ll explore the world of satoshis and how they relate […]

As a newcomer to the world of crypto, you may have heard about the process of Bitcoin mining and wondered how long it takes to mine 1 Bitcoin. In this blog post, we will delve into the fascinating world of Bitcoin mining, explore the inner workings of the Bitcoin network, and discover why Bitcoin mining […]

If you’ve ever wondered, “What is Wrapped Bitcoin?”, you’re not the only one. Wrapped Bitcoin (WBTC) is an ERC-20 token on the Ethereum blockchain that represents Bitcoin (BTC) at a 1:1 ratio. It enables Bitcoin holders to use their BTC on the Ethereum network opening up a world of decentralised finance (DeFi) applications and other […]

You’ve heard of Bitcoin. Perhaps your cousin won’t stop talking about it at family dinners, or your favourite coffee shop now accepts it. Whatever the case, you’re intrigued. But there’s one question that stands between you and your first Bitcoin purchase: “Is Bitcoin safe?” Today we’ll delve into this question, aiming to provide a comprehensive, […]

So you’ve navigated the crypto market and are now holding a handsome amount of Bitcoin in your digital wallet. But how do you convert that digital currency into tangible cash in your bank account? Wondering how to cash out of Bitcoin? Here’s a detailed guide on five ways you can cash out your Bitcoin. Table […]

Bitcoin’s decentralised, permissionless, borderless nature means that anyone can start accepting payments from anyone anywhere in the world without incorporating in regulated jurisdictions and setting up bank accounts or merchant facilities. As the Bitcoin price rises and gets mainstream coverage, it has given rise to many scams targeting retail investors. As with any financial product, […]

Today we’re diving into the digital mines of the crypto world and aim to decode the process of mining Bitcoin. This is a crucial process to understand before deciding to buy Bitcoin. Like how traditional mining unearths valuable resources like gold or diamonds, Bitcoin miners using their computational powers mine Bitcoins. The fluctuations in Bitcoin’s […]