Higher prices fuel the return of bitcoin mining
http://www.business-standard.com/article/international/higher-prices-fuel-the-return-of-bitcoin-mining-116010900644_1.html
Bitcoin mining is looking a bit more attractive again.
When the virtual currency's popularity was surging just a few years ago, almost anyone could set up a computer in their basement to mine bitcoins, a process needed to record transactions and ensure the propagation of the digital money, which exists as software. Miners who put their machines to work solving complex computational problems (and paying for the hardware and a higher electric bill) were rewarded with new bitcoins for their efforts. Some became paper millionaires as bitcoin's price jumped to a peak of $1,137 in 2013 from $13 in less than two years.
Topic: [2016-01-09] BS: Higher prices fuel the return of bitcoin mining (Read 1251 times)
Jump to: