With Bitcoin’s value skyrocketing this year people around the world discovered the many investment opportunities that this cryptocurrency had opened up. Now you have Bitcoin mining rings, cloud mining, online stores, and other different kinds of business ventures that use... Read More
To determine fair allocation of new coins, bitcoins are distributed as payment to transaction processors known as miners (see What is Bitcoin Mining? for more information on how mining is performed).
Imagine a room full of accountants sitting at desks, balancing books for all... Read More