Bitcoin is an experimental digital currency, best described as a peer-to-peer electronic cash system. Bitcoin is known for its volatility – values of the currency can fluctuate wildly in a relatively short period of time. But there’s a virtual goldrush going on these days for the stuff, and the tools used to get at the gold include everything from high-end graphics cards to FPGAs to ASIC-based Bitcoin mining rigs.
There’s an interesting article up at DesignSpark about the very in-vogue Bitcoin madness and the hardware that some folks are using to get their share. You guys should take a minute to check it out! Bitcoin, the decentralised digital currency, has barely been out of the news of late and in recent days it reached a new high value of $266 before proceeding to plummet to under $100 — an event which has been attributed to a significant surge in interest and much increased media coverage.
Learn more: Bitcoin (Wikipedia)
Do any of you have any experience with this whole Bitcoin thing? We’d love to hear your story – hit us up in the comments!
(via DesignSpark)
Leave a Reply
You must be logged in to post a comment.