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  • Mining VS Buying Bitcoins Where will $10k get you

    As Bitcoin’s price continues to rise recently we’ve been getting a lot of emails from people who are asking if it’s better to mine Bitcoins or to buy them. Last year, when Bitcoin was initially covered due to the crisis in Cyprus, many people took up the “hobby” of home mining. At that

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  • China wants an “orderly exit” from bitcoin mining — Quartz

    Already, some of the biggest bitcoin miners in China are moving operations overseas, with the US and Canada among popular options.But still, industrial players have doubts over how effective the state crackdown could be: For one thing, local governments have strong incentives to keep big mining firms running in their localities, given the huge

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