Is having a copy of my wallet.dat file enough to recover lost Bitcoin?

Is having a copy of my wallet.dat file enough to recover lost Bitcoin?

I have been using Bitcoin-qt to mine bitcoin. I am a little worried about losing my coins on my computer, so I have made a backup of my wallet.dat file and put it somewhere safe.

Is this the right way to keep my coins safe from my computer crashing? Am I completely on the wrong track? What else might I need? I haven't encrypted my wallet.

http://ift.tt/2Bjqtj1

Comments

Popular posts from this blog

bitcoin node: what is the difference between simnet and regtest?

How to check if Electrum is masking my IP with the Tor proxy?

How generic miner connects to bitcoin or ethereum network and does it needs to store entire blockchain?