Earlier we discussed how the amount of bitcoin produced every 10 minutes cuts in half every four years. In some cases, investors have lost thousands of times what they originally invested. For example, speculation about the Chinese Yuan devaluating has, in the past, caused more demand from China, which also pulled up the exchange rate on U. Investing in bitcoin is no joke, and securing your investment should be your top priority. Bitcoin makes cross border payments possible, and also provides an easy way for people to escape failed government monetary policy. A mining pool is a group of miners who combine their computing power and split the mined bitcoin between participants. You should do your own research before buying any bitcoins.