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...

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Date: 2017-12-20 03:34:24
Website: https://www.cnet.com

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As the bitcoin surge picks up momentum, corporate financial executives are wondering what it means for their business and how they can manage the risk of adopting--or not adopting--digital currencies.

Dismissed as either a fad or Ponzi scheme, cryptocurrencies remain an enigma to most businesses, but by ignoring them, they may be missing a huge opportunity. Global uptake is increasing, and new...

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Date: 2017-12-20 05:06:21
Website: https://www.gfmag.com

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Bitcoin value crashes below cost of production as broader ...

The value of Bitcoins has dropped dramatically since June 2011 when they peaked at $33: now they are between $1 and $2. (Black line: closing price on MTGox Exchange. Red and green lines: volumes.)

The value of Bitcoins, the "cryptocurrency" that some had thought would take over from more traditional currencies , has plummeted across exchanges - to a level where it costs more to "mine" them than...

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Date: 2016-03-08 19:26:13
Website: https://www.theguardian.com

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Some of these answers were derived from https://en.bitcoin.it/wiki/ under the Creative Commons Attribution 3.0 license.

Explaining Bitcoin mining...

1.1What is Bitcoin Mining?

Simple definition: Bitcoin mining is the process of creating or generating new Bitcoins.

Technical...

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Date: 2017-12-20 02:55:12
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