How to Wire a Light Switch?

In the civilized world everything is electrified. It is essential for everyone to know the wiring of light switches. A fundamental knowledge of how it works helps a person to wire a light switch. The civilized world is an electrified world. In particular, the lights have changed our life by illuminating the night and making it genial to wide ambit of human activity. Since it has become our everyday conveniences, it is essential for us to know the wiring of switches. You may be a wiring a switch because you are in need of a new one or you may be adding another new light switch in your home.

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Anyway it needs some fundamental knowledge to understand how a light switch works. For wiring light switch you need some basic tools like voltage tester to check the power flow, screwdrivers, and wire strippers

The basic thing you need to begin with is you should have your house wired all through the house and they can be accessed Wire Crimp Pull Tester. This process shouldn’t take longer than a minute. Light switch wiring performs the opposite task. The switch is the last circuit and the light is the source.

First, you should check if the power to the switch is turned off. Trip the breaker box to turn off the power flowing to the switch. This is to avoid the chances of you getting electrocuted. Now you can start your task.

Unscrew the plate of the old switch and remove the old light assisted by unscrewing the actual light. Once you unscrew the screw and pull it out, you can see the wires. You can see either red or black wires or white wire. Plait the white wire into a pigtail if it is not done.

Unscrew the copper screws from the sides of the light and unhook the red or black original wire carefully. You can now pull out the old light switch which was burned or cut. Fix the new switch by slipping it into the hole and connect both the copper and black wire. Make it in such a way that when you unscrew the light, the wires loosens and when you tightens the screw the wires get tightened. When you want to make changes next time, it will be easier for you.

Attach the green wire on the green screw or grounding screw. This is because all electrical gadgets and switches are to be earthed to offer a form of protection. Finally, place the switch back onto the wall; screw it to keep it on place and replace the plate. Thus, the wiring is successfully done. You can turn on the power and check if the switch is working.

Business Branded Products As Advertising

Many companies who are interested in making their brands known prefer to create business branded products that will allow them to stand out from the rest of the competition. By branding their products, they hope to create a higher perceived value for their products and create a sense of “specialness” for their brands. For most of the business-owner, the idea of creating a business brand that will make their brand “stand out” is exciting because it means that the company is willing to spend resources in order to distinguish itself from the competition. Businesses may use different promotional tactics to promote their business branded products, but one thing that many companies have found that to be effective is to create a series of business products.

Top Promotional Products To Spread The Word About Your Business

Most businesses that have become successful realize that in order to remain competitive, it is necessary to be able to differentiate themselves from other companies. In order to do this, a company must spend money on advertising and promotional efforts that will allow them to reach a larger audience. The most popular way to reach a large audience is through business branded products. The problem that most companies run into when trying to promote their business with promotional products is that they do not want to spend a lot of money promoting these items, as it costs money to create them and distribute them qua tang ky niem chuong.

One way to promote your business without spending money on promotional items is to create an entire line of items that carry your brand. If you already have a product line, then it may be more economical to just create items that compliment the products you currently offer. For example, if you manufacture shoes, then it may make sense to create a shoe line that carries both the Red Shoes logo and the Converse logo. By creating an entire line of business or casual wear that features these two iconic brands, you will be able to market your company to a larger audience. These types of promotional items are much less expensive to produce and distribute than a promotional item such as pens, or letter openers.

In addition to creating business branded products that complement your current products, it can also help to create a product line that is completely unrelated to your business. For example, if you are a fitness company, it would make sense to create a line of non Fitness related products. This makes sense for a couple of reasons. First, if you are selling exercise equipment, then it makes more sense to sell an exercise ball, a jump rope, or a Pilates machine than it does to simply sell treadmills, bicycles, or other forms of exercise equipment. Second, non Fitness related products tend to sell better on average, because people are generally interested in other things besides exercise.

Promotional products can be purchased in a variety of different styles, sizes, colors, and prices. When choosing promotional items for your business, it is important to choose something that relates to your business model and business goals. Most businesses take the word of the company that is marketing the promotional item, and if that company has a good reputation then it usually means that the promotional item is worth paying more money for. Most businesses will use the word “branded” in their names, and this will help you get more out of your promotional item because it means that you are selling a high quality product.

The most effective way to market your business and its products is to use a professional, trustworthy, and credible source. You can find a lot of information about businesses by visiting their websites, but you may not be able to find information about suppliers and wholesalers. Search engine optimization (SEO) experts have written many articles about how to get the most out of your website, including finding the right keywords that will help you rank higher in search engine results. Most reputable companies and businesses already have websites and using a search engine optimization expert will increase the value of your business brand. Using search engine optimization to market your business, branded products is one of the most cost effective ways to build a professional image for your business and products.

Selling Your Home Via Instagram

With the Internet realm overflowing with social sharing sites like Facebook, Twitter, Vine and Pinterest, some may have overlooked the ability of a social resource to be more than just a personal space for individuals.

Top Tips About Buying Instagram Video Views You Need to Know

Instagram, though popular among the 21st century population, is one social resource whose marketing potential many tend to neglect. There are currently 150 million users or more in the Instagramverse. It lets you share photos straight from your mobile phone – really easy and convenient to use.

As a homeowner in this millennium, using Instagram to advertise your home the moment you feel the need to sell it makes for a wise and cost-efficient real estate marketing strategy buy instagram views.

What sets Instagram apart from other social media platforms is its photograph-centered interface. Hasn’t the saying “a picture is worth a thousand words” already too cliché now? Cliché though it may be, that’s exactly what Instagram is all about: to let the pictures speak for themselves.

Unfortunately for the real estate industry, it will take more practice and exposure before it finally warms up to and gets the full attention of Instagram junkies. There are only 98,681 photos that used the hashtag Realtor. Some may say this is a good number but still a far cry from the millions of photos hashtagged with sunrise, love or food.

Instagram has its own set of rules and regulations different from other social media platforms. Using this social resource to market your real estate property and such would require your thorough cooperation. Follow their rules, use them to your marketing advantage and try to avoid little bloopers that may cost you more than necessary.

1. Keep it clean and organized.

When taking pictures of your house, make sure it is free from clutter. Clean every nook and cranny. Organize items and leave an impression of spaciousness and comfort. There is something about simplicity that attracts potential buyers. So try to simplify your layout. Once everything is all set, get a good shot and let these homely qualities shine through.

2. Avoid taking pictures near a mirror or glass.

What’s more horrific than taking a picture of a disorganized home? A photo with yourself visible in the mirror or glass panel. Whenever you get yourself into this situation, think twice before pressing the capture button. Avoid capturing photos when you are near a mirror, glass panel or any item that shows your reflection. This shot is all about the house you are selling.

3. Enhance your pictures with relevant apps.

If your camera does a poor job of capturing the effects you want to achieve, then the trick is to use an application that will improve the quality of your photos. There are several photo-enhancing applications you can use that are not hard to maneuver. If Adobe Photoshop appears too complicated for you, you can use Photoscape, Microsoft Picture Editor and a host of other photo-enhancing applications available throughout the Internet. These apps let you edit your photo’s brightness, contrast, size or pixels. You can even crop them and put frames. Simply choose whatever you deem appropriate.

4. Use hashtags to your heart’s content.

If it feels weird to you, then dispel all pre-conceived notions and start using hashtags in every house photo you intend to post. Applicable hashtags may include real estate, home, homeselling, house, property for sale, wherever city or state you reside in and the like. You may want to research further on hashtags commonly searched by homebuyers.

5. Make sure your photos look professional.

Good photography is all there is to it. Be wary of bad angles, crooked shots and unnecessary items that tend to ruin what would have been a good view. Remember that Instagram is a photo-sharing platform and that you are marketing a house for the purpose of getting buyers. At the very least, share good pictures for the benefit of your potential homebuyers.

6 Reasons Instagram Is Perfect For Your Business

Instagram is a mobile app that allows users to instantly take and/or upload photos and quickly edit them using a unique set of filters and a branded tilt-shift feature (3-D effect) that sets them apart from the rest. It’s taken off in popularity faster than any other mobile app and is most likely the reason the person standing in line next to you at Starbuck’s is taking a picture of the pastry case for no apparent reason. Instagram is addictive and it has a whole nation of iPhone and Android users hooked. And where the public goes, your business should follow.

INSTAGRAM MENTIONS- New way of instant marketing

If you’re the owner of your company and/or the person responsible for branding and social media, you should be privy to the 6 Reasons Instagram is perfect for your business:

1. Instagram is Instantaneous

There is no waiting around until you get back to your home or office to take full advantage of Instagram for brand building. Using your iPhone or Android, you snap the photo, edit, upload, add a comment (remember to #hashtag keywords), and share from your brand’s profile within seconds.

2. No Duplicate Accounts Needed

Unlike Facebook and Google+ where you’re required to set up a lengthy personal profile before you can set up a brand page, you are allowed to jump right in as a brand on Instagram without any consequence. It’s a fairly easy set up process instagram mentions service.

3. Everyone Has an Inner-Photographer

Many business owners are at a loss when it comes to using social networks to grow their customer base for the most part because they do not have a way with words or know how to hone their creative juices for content marketing. But everyone likes taking photos and let’s be honest – almost every one of us feels like we have a knack behind the camera. While darkroom results often prove otherwise, the ease and foolproof editing of Instagram will in fact turn you into the Herb Ritts of your product/service content marketing.

4. It Makes Your Brand Look Interesting

This is the great thing about using Instagram to showcase your product/service. Instagram filters make office supply suppliers, garbage removal services, and even internet marketers look cool. Use Instagram to show off your product/service and even your corporate culture by capturing candid office moments. Instagram albums give personality to brands in a manner that no other sharing network has been able to accomplish thus far.

5. Create a Location Page for Your Business

Google Places and the new Google+ Local Pages for businesses have proven the importance of having a physical location attached to your brand’s online presence. Instagram’s integration with the Foursquare location database allows you to Geotag the location the photo was taken from (i.e. your place of business) which allows it to be added to the location page on Instagram. If users are browsing photos based on location and see a product of yours that appeals to them within their area, you may have a new customer. If a location is not listed, you can add your business to the Instagram/Foursquare database.

6. It’s Easier to get Followers

Because you can’t post links on Instagram, the public won’t feel like they are being bombarded with SPAM when following your brand account. If you frequently post interesting images that feature your product service on Instagram, customers are more likely to follow you there than on any other Social Network. It will be easier for you to build brand recognition with a bigger fan base. Because Instagram easily links to your Facebook and Twitter accounts, it helps those social networks grow for you as well. The same rules of social network marketing apply though – interact with (comment and “like”) and follow your customers FIRST. On Instagram, they actually follow back.


While it doesn’t provide the linking opportunities that many internet marketers are overly obsessed with, Instagram is the easiest and most fun-to-use social sharing network out there and it can be a tremendous tool in developing your business’ brand persona and in gaining brand recognition with your online customer base.

Moving Isn’t Cheap – Hiring a Removalist to Help You Save Money on Moving Costs

“Sydney City removalists are a company that removes items and buildings that have been put up for sale or rent,” says Steve Shanks of Shanks Garages. “We deal with the entire process from getting permission to the dismantling and removal of the property.” He adds, “We have had great success with the removal of residential properties. We have even handled multiple projects that required demolition of commercial buildings.” Sydney City removalists, he continues, are “the best team in the business to deal with any type of building.”

There are many Sydney removalists out there. But not all of them are as reputable as Shanks Garages. It pays to do some research to find one that will work best for your needs. Ask for references and look at photos of their work. Get to know your removalist by asking him questions and taking the time to truly understand his business

Once you’ve decided on a removalist that you think you can trust, you’ll want to check his background and make sure he’s licensed and bonded. You should also be sure that he offers you both insurance and bonding so that your project is covered if anything should happen to the truck while it’s in their care. Removalists aren’t screened for liability like other business owners, so it’s up to you to protect yourself.

The next thing to consider is the price. Different Sydney removalists have different rates. Inquire about rates before hiring a company to help you remove a building or home. If you already know how much you can afford to spend, you’ll feel less intimidated. You may even be able to negotiate a better price after you hear from a few removalists.

One thing you want to look for in a removalist is his equipment. It should include a truck with a large bed and enclosed loading ramp, a ladder, cranes, and specialized equipment for lifting pallets, bricks, or other items. If you’re using a removalist for the first time, it’s important that he provides you with a free quote so you can compare prices and services. Make sure he uses high-quality moving equipment so that you won’t have any problems during and after your move.

It can be hard to find good removalists in Sydney. However, if you take the time to do some research, you should be able to find one that’s right for you. Make sure that the company has experience in the type of move you need to complete, as moving can get complicated when it comes to materials and size. When you find a good removalist, you’ll be able to move without worrying about the cost, because you will have a professional that can give you an accurate price quote. Good removalists are worth the money, so choose one today and start moving.

Information About EBI Aali

ebi aali

The EBI aali is the most advanced robotic dog that has been created so far. These dogs are not just ordinary pets but they are fully-equipped therapeutic aids for those who have undergone spinal cord injuries or degenerative diseases. The EBI aali has the ability to sense whether there is some sort of stiffness in the spinal cord and if it detects any signs of inflammation or infection, it will immediately move forward and start working on that part of the body. The dog’s system will then move forward and massage the affected areas with its soft and movable arm. This action will help increase the blood flow and oxygenate the affected parts of the body.

There are several models of EBI aali that are available in the market. All of these variants come with similar features such as the heat sensing unit, built-in heating and touch sensors, heart rate monitors, and pressure gauges. The latest model of this dog, the EBI alpha, is equipped with artificial intelligence. This advanced unit of the EBI aali can detect the sponges or tissues on the floor, which are placed on the area that is affected by the stiffening and will automatically remove them ebi aali. It will then assess the condition of the patient and tell the dog owner what he should do next. This is indeed a great help for the dog owners, because their dogs now no longer need to worry about performing physical therapy and can now enjoy a long and healthy life just like how they used to do it before.

The EBI aali is truly a great invention, which has provided great benefits for those who use them. However, as with any medical appliances, there is always a downside when using them. One of the common complaints that dog owners have regarding EBI aali is that they can be a bit difficult to control. The dogs will need to be taken for regular check-ups and visits just like how humans are treated, because they can become possessive when their owners are not around.

This is not the case with the EBI aali. This dog is not very territorial. It relies on its master to feed it regularly so that it can keep healthy. However, since this means that the owner is gone for most of the day, it becomes a bit more difficult to supervise the dog. In addition, it is important to remember that the EBI aali can only be used once per day so feeding it daily will allow it to stay healthier even when it is not supervised.

Unfortunately, there are some downsides to this dog’s health. Like any other dog disease, the EBI virus can be passed on from one dog to another. This makes the disease particularly contagious to other dogs. If you own an EBI aali, then you must ensure that you do not give your dog the disease. This disease is easily spread and can be fatal to your dog.

So although the EBI aali is a great invention, it also has some downsides, which is why you need to carefully consider whether you want to invest in one of these dogs. Remember that it is up to you to look after your dog and take care of his health. If you think that you cannot do this, then you should look into another type of dog. The problem with the EBI disease is that there is no cure as yet.

Family Vacation in Mysore And Some Good Mysore Hotels

The once ruling Wodeyars considered Mysore as its capital city that is noted for its cultural grandeur and glory. Mysore, in the state of Karnataka, is famous for its picturesque charm, heritage, glorious palaces, jaw dropping gardens, striking buildings and sacred temples. A Mysore family vacation would be enthralling for both families, kids and newly wedded couples as it offers almost all kinds of attractions on a single platter. There are many family hotels in Mysore that offers comfortable accommodation and a peaceful stay.

One of the main attractions of Mysore that would be alluring to the families is the grand Mysore Palace. The palace is built in Indo-Saracen style and possesses domes, turrets, arches and colonnades. The Palace is a treasure house of exquisite carvings and works of art from all over the world. Intricately carved doors open on to luxuriously furnished rooms. Tourists must definitely not miss the world famous Brindavan Gardens that are quite symmetrical in the designs best coaching centre for ca in bangalore. These are enriched with fountains, terraces, parterres, running and cascading water channels, green lawns and flowers. Kids would enjoy boating and the musical fountains. Chamundi Hills, an attractive 335 metres high landmark reached by a 13 km road or by climbing up the 1,000 steps, should also be incorporated in a Mysore family vacation. Mysore Zoo is also an added attraction that houses exceptional and exotic species. Tourists with specific interest in viewing exhibits must include the Art Gallery and Rail Museum in their Mysore family vacation. The Jaganmohan Palace converted into an art gallery in 1875 exhibits paintings made of real vegetable and mineral dyes. Rail Museum, set up in 1979 at Krishnaraja Sagar Road, is home to invaluable locomotives, coaches, painting and photographs narrating the “Rail Story” and the development of the railways.

Hotels in Mysore

Hotel Roopa, with prices ranging in between Rs.1000 to Rs.2400, is counted among the best hotels in Mysore. The hotel has facilities that include multi-cuisine restaurants, rail/bus/air booking, tour & travels, wi-fi internet facility; booking for Water Park, gift shop etc. Families can also opt for Howard Johnson Monarch that has 18 graciously appointed rooms and 2 luxuriously furnished suites. The starting price for this hotel is Rs.2500 and the hotel has received a 100% recommendation from reviews of guests who have stayed at this hotel.

Mysore enjoys a moderate climate throughout the year with bearable summers and winters. Bangalore is the nearest city that connects the rest of the country with Mysore and hence, it is well connected through air, rail and road. Inside the city, tourists can commute in auto rickshwas, taxis and tongas. Tourists can shop for Mysore Silks, Mysore Jasmine (Mysore Mallige), Mysore Sandalwood (Mysore Srigandha) and Mysore Eggplant (Mysore Badane).

Things to Consider When Purchasing Water Purifier Machines

You may be wondering about the benefits of having a water purifier machine at home. This is because they have become quite popular all over the world. They are able to remove different harmful elements from water such as chlorine and lead. They also guarantee that you will remain healthy and safe from having contaminated water. It is a fact that they are very good for your health.

Automatic Commercial Water Purifier, Rs 170000 /set All Pack Engineers |  ID: 16484839830

There are various types of water purifier machine that you can purchase in the market today. There are some that are easy to operate while others are complicated. There are even some that are connected to the main water supply of your house. When you choose the type of water purifier machine that you want to buy, then you need to consider some factors that would help you determine which one would fit your needs best. The factors that you need to check include the following:

How much water do you normally drink? If you drink a lot of water every day, then it would be wise to choose a purifier machine that can process large volumes of water karofi cua nuoc nao. There are ones that can process four liters of water per minute or can process six hundred gallons per hour. However, if you do not need so much water at home, then you can choose the ones that can process lesser amount of water.

How much does it cost? If you have enough money, then you can purchase one that costs thousands of dollars. However, most people who cannot afford to spend so much money on purchasing water purifier machines can choose to buy water purifiers that are priced within their affordability range. There are some that are sold in some places for less than fifty dollars. There are also affordable ones that can last for a number of years and can still function effectively.

Do you know how to clean your machine? Most water purifier machines are easy to maintain. You can simply run a soft cloth over its body or its hose to remove dust or dirt. It can also be cleaned using a disinfecting solution that you can buy from local drug stores or supermarkets. Just make sure that the chemicals that you are using are safe to use and won’t cause any negative effects to you or to the environment.

How is the performance of your water purifier machine? The performance of your machine should be an indicator of how good it is. If it performs well, then it is an indication that it has already done its job. It should also be able to produce clean and clear water. If not, then there may be a problem with the parts or the system of your machine.

Beat the Crowd When Investing in Real Estate

We all are thinking about it and some of us are actually taking action and getting their hands on real estate investment properties. The longer the NY Stock Exchanges doesn’t produce desirable returns the more people are starting with real estate investments.

For most of us the obvious choice of properties are single family homes. Although you can invest in real estate without owning a home, most people follow the experience they made while purchasing their own home. This is familiar ground and the learning curve for doing a real estate deal of this type is pretty slim.

Of course there’s a drawback with this approach. The competition is fierce and there are markets where investors are artificially driving up the cost of the properties while completely discouraging first time home buyers. If this is the case, the burst of the real estate bubble is just a matter of time.

How do you avoid these situations and still successfully invest in real estate? How do you get ahead of the competition and be prepared for bad times in real estate investments as well? The only answer I have is commercial real estate mortgages.

Why commercial real estate you might ask? Commercial real estate is a solid investment in good and bad times of the local real estate market. The commercial real estate I’m referring to are multi unit apartment buildings.

Yes you will become a landlord and No you don’t have to do the work by yourself. You are the owner and not the manager of the apartment building. The cost of owning and managing the building is part of your expenses and will be covered by the rent income.

Apartment buildings are considered commercial real estate if there are 5 or more units. To make the numbers work you should consider to either own multiple small apartment buildings or you should opt for bigger buildings. This will keep the expense to income ratio at a positive cash flow. Owning rental properties is all about positive cash flow.

With investing in single family homes it is easy to achieve positive cash flow. Even if your rent income doesn’t cover your expenses 100%, the appreciation of the house will contribute to the positive cash flow. With commercial real estate the rules are different.

While single family homes are appraised by the value of recent sales of similar homes in your neighborhood, commercial real estate doesn’t care about the value appreciation of other buildings. The value of the property is solely based on the rent income. To increase the value of a commercial real estate you need to find a way to increase the rent income. The formula on how this is calculated would be too much for this short article. I listed a few very helpful books where you can find all the details.

What’s another advantage to invest in commercial real estate? Commercial real estate financing is completely different than financing a single family home. While financing a single family home you are at the mercy of lenders who want to make sure that you are in the position to pay for the house with your personal income. Commercial real estate financing is based in the properties ability to produce positive cash flow and to cover the financing cost.

After reading all these information about commercial real estate you want to go out there and dive into the deals. Not so fast. First, you need to learn as much about real estate as possible. In commercial real estate you’re dealing with professionals. If you come across too much as a newbie you will waste these guys’s time and your commercial real estate career ended before it actually started. Second, no commercial real estate lender will lend you any money if you can’t show at least a little bit of real estate investment experience.

What’s the solution to this? Go out there and do one or two single family home deals yourself. It doesn’t matter if you make huge profits to start off with. Most newbie investors are losing money on their first deal anyway. If you can manage to show positive cash flow with your single family home deals you are ahead of the pack.

My advice, buy a small single family home in a decent neighborhood and rent it immediately. This will keep your out of the pocket expenses at a minimum and you will have rent income to cover for your monthly expenses. Bonus, you gain experience as an investor and as a landlord.

Here’s another observation I made during my real estate investment career. Most people like to analyze, learn, discuss and analyze some more. They never actually got to do a real estate deal. They love to talk about real estate investments, but never did it themselves.

So What Exactly Is a Bitcoin Anyway? Complete Breakdown of Bitcoin

There’s virtual money, and then there’s Bitcoin. The super geeky Bitcoin is a mathematically-derived currency that promises to change the way people use money. Bitcoins are not real coins-they’re strings of code locked with military-grade encryption-and people who use them to buy and sell goods and services are difficult to trace. Along with anonymous drug dealers, Ashton Kutcher and the Winklevoss twins have reportedly jumped on the bandwagon. There’s something to be said about using currency that isn’t regulated by the government or banks, doesn’t come with the usual transaction fees and is impossible to counterfeit. Bitcoin also promises to be disaster-proof, because you can’t destroy numbers in the same way that you can destroy gold reserves or paper money.

Bitcoin crosses $34,000 first time in 12 years, rises $5,000 in 3 days

What is Bitcoin?

Bitcoin is a digital currency created in 2009 by a developer hiding under the pseudonym of Satoshi Nakamoto (supposedly a Japanese guy who has perfect command of American English). Bitcoin is decentralized, meaning it is not controlled by a central authority like a financial institution, country, government or individual. It is peer-to-peer and open-source, distributed across the internet from computer to computer, without need for middlemen. Compared to U.S. dollars, bitcoin exchange is virtually untraceable, making it attractive to libertarians afraid of government meddling and denizens of the underworld. You can use it to pay for purchases online and off, from illegal drugs on the Silk Road to legit restaurant meals.

Where to Get Bitcoins

You can get Bitcoins from friends, online giveaways or by buying them with real money from Bitcoin exchanges. Using real money to buy Bitcoins defeats the whole purpose of anonymity, however, because you may need to add your bank account to a third party site. You can also buy Bitcoins using your mobile phone or through cash deposit establishments. New Bitcoins are created by “mining.” Mining is done automatically by computers or servers-it’s not real-world mining where you have to dig underground to unearth commodities, but the concept is similar. You have to exert effort to dig up gold, and you (or your machine) also have to spend time and resources to verify and record Bitcoin transactions.

One of the coolest things about Bitcoin is that it gets its value not from real-world items, but from codes. Bitcoins are pulled out of the ether by machines (and the people who run them) in exchange for solving complex mathematical problems related to the current number of Bitcoins. These bulky and pricey supercomputers come with powerful encryption capabilities (and reportedly suck electricity like nobody’s business). In a typical transaction, buyer A from location X pays seller B some Bitcoins online. Miners then race to authenticate and encrypt the transaction, logging Bitcoin codes in a central server. Whomever solves the puzzle first gets the Bitcoins. About 25 new Bitcoins are created for every 10-minute block, but that number can increase or decrease depending on how long the network runs.

How to Use Bitcoins

Once you get your hands on some Bitcoins, you need to store them in an online wallet through a computer program or a third-party website. You become part of the Bitcoin network once you create your virtual wallet. To send Bitcoins to another user or pay for online purchases, get that person/seller’s identification number and transfer Bitcoins online. Processing takes about a few minutes to an hour, as Bitcoin miners across the globe verify the transaction.

How to Make Money on Bitcoins

If you’re still skeptical, one Bitcoin is currently worth about $90 (as of 18 April 2013), with hourly fluctuations that can make a day trader dizzy. Volatile as it is, more and more people are starting to milk the phenomenon for all it is worth-while it lasts. How to get your slice of the virtual gold rush? Some ways: Sell Bitcoin mining computers, sell your Bitcoins at crazy prices on eBay and speculate on Bitcoin markets. You can also start mining. Any person can mine Bitcoins, but unless you can afford an efficient setup, it will take an ordinary PC a year or more to solve algorithms. Most people join pools of other miners who combine their computing power for faster code-cracking.