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Bitcoin mine in Iceland: photos - Business Insider

Mining is the backbone of bitcoin.

You can mine at home, and many people...

Photos of bitcoin, Ethereum mine in Iceland - Business Insider

Bitcoin is surging right now . The digital currency is hitting highs not seen since February 2014, jumping by well over 30% in a month.

It's great news for bitcoin miners, the people responsible for creating new bitcoins.

Mining infrastructure is the backbone of bitcoin. Anyone who contributes computing power to help process transactions on the network is rewarded with the chance to "mine"...

Bitcoin Price Drop January 2015 - Business Insider

The price of bitcoin is continuing to crash, dropping as low as $173 early Wednesday, according to stats from CoinDesk . It is down from about $244 just a day before, a drop of nearly 30%.

Some people are beginning to worry that bitcoin is stuck in a self-reinforcing negative price cycle in which bitcoin hoarders are being forced to sell bitcoin to meet their dollar-based costs, and...

10,000 bitcoins could buy 2 pizzas in 2010 but now worth ...

Bitcoin is going nuclear. Its price is tearing upward, with each bitcoin worth $2,128 (£1,638) -- a little shy of its all-time-high of $2,185 (£1,682) reached earlier Monday morning.

Just a year ago, it was trading at just $443 (£341), after deflating from what was then seen as the giddy highs of about $1,100 (£847) in late 2013. It has since embarked on an epic bull run.

"The...

Exmo Bitcoin CEO Pavel Lerner kidnapped in Ukraine ...

Exmo Bitcoin CEO Pavel Lerner kidnapped in Kiev.

Exchange hit by a DDoS attack at the same time.

A spokesperson said users' funds are "absolutely safe" and "we are doing everything possible to speed up the search for Pavel Lerner."

LONDON -- The CEO of a UK-registered bitcoin exchange has reportedly been kidnapped in Ukraine.

Pavel Lerner, 40, was reportedly dragged into a...

Bitcoin, Ethereum prices fall on November 21 after $31m ...

Men wearing masks of characters from the Sony video game "Payday: The Heist" at the Electronic Entertainment Expo in Los Angeles in 2011. REUTERS/Danny Moloshok

Tether, the company behind a cryptocurrency pegged to the US dollar, said $31 million was stolen from its main wallet on Sunday.

Heist appears to have shaken markets, with bitcoin, Ethereum, and bitcoin cash all falling.

LONDON -- The major cryptocurrencies...

Bitcoin price passes $11,000 on November 29 - Business Insider

Bitcoin passed $10,000 for the first time on Tuesday evening.

Cryptocurrency passed $11,000 per coin on Wednesday lunchtime.

LONDON -- The price of bitcoin is leaping after passing the symbolically significant level of $10,000 on Tuesday evening.

Bitcoin passed $10,000 per coin at around 6.30 p.m. GMT (1.30 p.m ET) on Tuesday after flirting with the level all day. The level was seen...

London Block Exchange launches prepaid cryptocurrency ...

The London Block Exchange (LBX) launched on Tuesday. It plans to launch a sterling-to-cryptocurrency exchange and a prepaid Visa debit card, dubbed "Dragoncard," that will allow people to convert bitcoin, ethereum, ripple, litecoin and monero to sterling and spend it across the UK. The startup plans to add more cryptocurrencies in future.

The Visa card, which will be issued by...

The 25 most exciting bitcoin startups in the world ...

The bitcoin ecosystem has never been more diverse, with multimillion-dollar companies trying to take the digital currency "mainstream" and hackers dreaming up a new blockchain-powered social order.

We've spent the past several weeks speaking...

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