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Bitcoin explained: What is it? Why has its price risen so ...

Bitcoin has rocked headlines this year as its price jumped more than 100 per cent to reach all-time highs of over $3,000 - but what actually is it?

As the cryptocurrency breaks into the mainstream market, we take you back to basics.

What is bitcoin and where did it come from?

Bitcoin is a digital currency, or cryptocurrency, which is created and held electronically. It became the first...

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Bitcoin mining explained: How it works, how much energy it ...

All eyes are on bitcoin at the moment.

The cryptocurrency has staged a meteoric rise in 2017 that has attracted new investors, but, for many, question marks still surround bitcoin and the technology behind it. With recent reports pointing to the high energy cost associated with mining, the process used to create bitcoin, is there any way to fix it? Here are all your questions answered.

What is...

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Virtual currency bitcoin mining: is mining the ...

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Kevin Murphy

Say what you like about bitcoin it is rarely dull. Not only - in the space of just eight days - has the value of a single bitcoin seen...

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Related topics : bitcoin virtual currency mining / bitcoin amount mined / virtual bitcoin mining / create bitcoin mining account / bitcoin mining software

Bitcoin bubble will crash after price hits $60k in 2018 ...

Bitcoin bubble will crash after price hits $60k in 2018 - Saxo Bank's outrageous prediction for year ahead

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Lynsey Barber

I'm City A.M.'s award-winning technology editor, covering everything from happenings at Apple and Google to the latest London startup.

In particular fintech, blockchain, artificial intelligence, driverless cars, virtual reality and the sharing economy get me out of bed in...

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Related topics : bitcoin price prediction 2019 / 1 bitcoin price prediction / current bitcoin price prediction / bitcoin price prediction 2016 / bitcoin price prediction

Bitcoin's value is set to soar – here are three predictions ...

Here are three predictions for the future of bitcoin...

Bitcoin will be closer to £3,000 by the end of the year

As bitcoin is primarily used for trading or transferring value, the value of bitcoin is controlled by the total value of goods in transit tied to bitcoin as the payment medium.

As more and more trade is taken up using bitcoin as the transaction medium, the value of bitcoin will rise to...

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Related topics : bitcoin value prediction / bitcoin trading value / bitcoin value total / use bitcoin to buy gold / bitcoin value

Bitcoin price dips below $2,300 as cryptocurrencies drop ...

Bitcoin and other cryptocurrencies dropped into the red last night, and prices have continued falling today.

The most talked-about digital currency was trading 8.06 per cent below its previous closing price at $2,293.48, according to CoinDesk, which aggregates prices across several exchanges.

The volatile currency's latest loss marks a more than 26 per cent decline in price since it surged past the $3,000...

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Related topics : bitcoin price drop today / bitcoin digital currency price / bitcoin coindesk price / price of 1 bitcoin today / bitcoin price market cap