Bitcoin Collecting

Ongoing Information & Trends: A Weblog

Bitcoins

Bitcoin collecting has caused a wave of supercomputers techies hoping to make them a small fortune – even if it costs load of cash to power.

Specially developed Bitcoin ‘mining’ computers are either homemade or can be purchased from one of the growing number of online stores dedicated to cashing in on the supply side of the cult currency trend.

The 21 million Bitcoins hidden across an internet-based network,  are expected to all be found by 2040. To unearth them computers have to solve the complex processor-intensive equations which hold them.

What is a Bitcoin?

It’s a piece of data locked in an internet-based network by a complex equation computers can break.

Once released it can be traded and used like money online and can be purchased with real cash.

Many websites are now taking Bitcoins as a form of currency. As well as digital currency, Bitcoin miners enjoy the…

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