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How To Mine BITCOINS Using a LAPTOP - Earn Money Mining CryptocurrenciesBitcoin is a digital currency which operates free of any central control or the oversight of banks or governments. Instead it relies on peer-to-peer software. In layman terms, Bitcoin is a �Digital Money� (digital currency). Gary Anderson, Chief Scientist at Bitcoin Foundation says, �Bitcoin is a modern way of doing. Bitcoin as a currency is thought to be a transaction in May. , where one user ordered pizza delivery for another in exchange for 10 bitcoins. Since.