“The currency, used to buy and sell everything from electronics to illegal drugs on the Web, has surged to about $135, more than 10 times its value a year ago. The rally has created a cottage industry of speculators eager to get their hands on Bitcoins. That has in turn boosted a market for high-powered machines, some costing more than $20,000 apiece, which are custom-made to unlock new Bitcoins in a process called mining, a nod to the excavation of minerals and metal ore. Beyond investing in the currency, the speculation has extended to equipment manufacturers targeting Bitcoin miners and automated teller-like machines for cashing in or exchanging the currency.”
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Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
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