“Taiwan Semiconductor Manufacturing Co. (2330), Advanced Micro Devices Inc. (AMD)and other companies have seen more than $200 million in sales in 2013 for computing components used to create Bitcoins, Wedbush Securities Inc. said. The virtual currency, which exists as software, is created by solving complex tasks embedded in the program through a process called mining. As their value surged, digital prospectors have rushed to create more of the digital money, boosting the market for high-powered machines, some of which cost more than $20,000 apiece. Taiwan Semiconductor, AMD and GlobalFoundries make many of the chips in these machines.”
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Tip Freedomwat.ch Staff with Bitcoin
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