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I Mined Bitcoin for 1 Year (Honest Results)Ultimately, your child will need your help investing in crypto if they are younger than However, you can purchase crypto and store it for your child, then. Bitcoin is created by a process known as mining, where computers solve mathematical equations and get bitcoins as a reward. However, solving. Gifting crypto to kids can be complicated (or easy). Your first solution is to buy crypto (like Bitcoin or Ethereum) and then store it in a �.