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Bitcoin explained: Here's everything you need to know - CNET

Before you jump into this overview of how to buy and sell bitcoin, check out our first article in this series, Bitcoin, explained .

The original bitcoin logo.

Satoshi Nakamoto

Mining bitcoin isn't the only way to get your hands on the stuff, you know.

In fact, mining bitcoin is a complete pain in the buns. At a minimum, you need specialized software, a sophisticated hardware rig to run it and a...

Bitcoin explained: Here's everything you need to know - CNET

How does one 'mine' Bitcoin?

A person (or group, or company) mines Bitcoin by doing a combination of advanced math and record-keeping. Here's how it works. When someone sends a Bitcoin to someone else, the network records that transaction, and all of the others made over a certain period of time, in a "block." Computers running special software -- the "miners" -- inscribe these transactions in a...

Date: 2017-12-20 03:34:24

Are physical Bitcoins legal? - CNET

Brass- and gold-plated physical Bitcoins are now available. Just don't let the FBI know...

Eric Mack

October 25, 2011 3:51 PM PDT

Bitcoins aren't just an abstract financial instrument living somewhere in the digital ether anymore. They're now a physical currency capable of taking a ride in your pocket or scratching off your lottery tickets.

The physical Bitcoins, called Casascius Bitcoins and...

Bitcoin exchange NiceHash loses millions to hackers - CNET

The exchange marketplace loses its virtual wallet in a breach, which some reports say contained more than $60 million in cryptocurrency.

December 6, 2017 9:26 PM PST

Chesnot / Getty Images

While many bitcoin investors are basking in record valuations, some are coming to grips with an astonishing loss.

Cryptocurrency marketplace NiceHash said Wednesday that hackers stole the contents of its...

Date: 2017-12-30 05:45:34

Steam ends support for Bitcoin due to high fees ...

Valve has stopped accepting bitcoin for Steam purchases, the game developer said Wednesday, citing the cryptocurrency's high fees and volatility as the impetus behind the move.

Along with bitcoin's skyrocketing valuation, transaction fees charged to customers have also risen dramatically, from the 20 cents when the company enabled bitcoin support two years ago to $20 last week, Valve said in a...

Date: 2017-12-30 09:29:42

Japanese pop band Virtual Currency Girls sings about ...

Buying and selling Bitcoin, explained

Each band member represents a different currency, such as Bitcoin, Ethereum or Ripple. They often post photos of themselves in costumes that...

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