What is Bitcoin? How to mine it?

                                           What is Bitcoin?

Bitcoin is a cryptocurrency or digital currency. It is decentralized digital currency as it works without any central administrator. In this system, monetary transactions takes place between users directly without an intermediary. These transactions are verified by network nodes through use of cryptocurrency technology and recorded in public ledger called Block chain. It is represented in symbol as BTC or XBT.
One thousandth (0.001) of Bitcoin is called Millibitcoin and one billionth (0.00000001) of Bitcoin is called Satoshi.

Inventor

Bitcoin was invented by a person named Satoshi Nakamoto and released on 9 Jan, 2009.

What is Mining? How to mine it?

The process by which Bitcoins are created is known as Mining. In the mining process, Miners verifies the transactions carried out at global level by solving the mathematical problems attached with these transactions, using powerful GPUs or CPUs.
So, they get some Bitcoins as a reward in order to verify the transactions. This process is known as Mining. As per terms and conditions, only 21 million bitcoins can be mined in total and already 16,858,762 bitcoins are mined, so that their price goes on increasing. So, we will not able to mine bitcoins after 120 years from today.
As per research carried out by University of Cambridge in 2007, there were approx 2.9 to 5.8 million users using cryptocurrency wallet uses Bitcoin.

We should mine Bitcoin or not?

To mine bitcoins powerful GPUs and CPUs using more electricity are used so if reward of Mining is not more than electricity consumption, we should not mine Bitcoin. Approx 100,000 merchants have accepted Bitcoin. But still many people do not recognize Bitcoin. Many professional persons have discouraged the use of Bitcoin.
So what do you think we should use Bitcoin or not? Place in comments.