in order to mine bitcoin you will need special equipment which is called ASIC. you need to buy them and set it up to mine bitcoin, then you connect to a pool to share the work and try finding a block to share the reward.

as for your wallet, you now have a bitcoin address. you can give this address to others so that they can send you bitcoin. the address starts with 1, 3 or bc1. your private keys are obviously private and you should keep them that way. make sure to back up your seed also by writing it on a piece of paper and storing it in a safe place out of sight.

also it is good to read this: https://bitcoin.org/en/getting-started

Electrum is the wallet, not the mining software.

I really don't suggest going in to making money immediately. Try learning the basics first, to prevent unnecessary problems in the future.

Read these articles: https://coindesk.com/information/

Do not just jump in crypto to make quick money by trading or mining. Learn the basics, observe the market carefully. You will learn from your initial mistakes, so try not to invest a large amount intially. When you have learned enough, then learn/read about mining. Do not just start doing anything blindly so that you don't regret later in future.

Mining using hardware is the way to go. You're only going to waste money using "cloud mining" services.

You wallet doesn't need to have funds for you to receive rewards from mining. Like I said, take time to read first. As it definitely looks like you don't know what you're doing.

What do you mean by invite other people to your blockchain?
If you want to start mining, you must have a good hardware (ex.ASIC or etc), and download mining software and start it. This section is discussed about mining so you may try to read it https://bitcointalk.org/index.php?board=14.0

Seriously, i don't get it, what do you mean by invite others to your blockchain? I never heard something like that before, did you just read something on facebook or other site like "Mining to your blockchain account" or something?

As mjglqw says, you might want to start reading a few guides about Bitcoin before attempting to spend any money - Bitcoin isn't actually a business as you seem to think, it's helpful to think of Bitcoin as a new form of digital money. It gives you the same purpose of money as you understand money to be, with some very important differences, of which the most significant is that Bitcoin puts you (and only you) in full control.

Mining... can be a profitable business, apart from it actually being the way the Bitcoin network is secured. But it's unlikely to be accessible by an individual right now, not without costly specialised equipment and technical knowledge about Bitcoin. I strongly suggest you avoid this for the time being, and spend a bit of time in the Mining section of this forum to learn more first.

I'd suggest to start using Bitcoin first - the quickest way to do this now is to buy some Bitcoin. Check out Localbitcoins.com and search for online trades in your area to buy your first coins from another person. A small amount will do, withdraw it to your wallet (Electrum) just so that you can experience using Bitcoin the way it was meant to be. Electrum's a great wallet to begin learning to.

I got my first Bitcoin from a faucet, but that was in 2016 when it was fairly easy to get enough coins to test and transact with in a day. Bitcoin's value today means you might need to spend quite a bit of time to get free coins, so I wouldn't recommend this route.

Do I actually need to repeat what I said? For the third time? I already provided you a link with the required information for your plans.

I advised you to search on youtube videos on step by step mining bitcoin its not a simple job you need huge amount of money to mine bitcoins for hardware equipments try to familiarize first on how bitcoin works before engaging in complicated mining business.

Transactions through Bitcoin is difficult. However Balgium has placed ATM machines from which you can make your transactions easily. You can exchange your coin with someone near by. You can sell to others in the form of Euro and Dollar. And it is easiest way.

Yes it is true mining is so much difficult and risky but through all that if you had only the knowledge,ability,and passion on this i know you can get what youve wanna want or to be a successor someday,.so i have to get some informations here before i start on trading part.