The crypto-currency 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. Bitcoin may be the next big thing in finance, but it can be difficult for most people to understand how it works. There is a whole lot of maths and numbers involved, things which normally make a lot of people run in fear. Well, it’s one of the most complex parts of Bitcoin, but it is also the most critical to its success. The frenzied Bitcoin boom has sparked comparisons to a financial bubble, with its price soaring to more than $15,616.01 (£11662.04). But the cryptocurrency craze has also resembled something of a digital gold rush. With a finite supply of 21 million Bitcoins, tech-savvy individuals and a handful of fast-moving companies have jumped in to harvest as much of the new gold as possible, using powerful computers to hoard as much of the supply as possible. What is bitcoin mining? Just as gold...
Hacking and Cracking