Bitcoin Mining Suspended As Prices Plunge

Supercomputers which mine Bitcoin have been shut down because the price of the cryptocurrency has fallen so low. The price of Bitcoin peaked in November 2013 at £756.26 per coin, but now stands at £130.49 – a drop of 82.7%. This week London-based CEX.IO, a leading Bitcoin exchange, announced the temporary suspension of its cloud mining services. The technology used to mine Bitcoin has 13,000 …

from Google News, Yahoo! News, Wikinews, NY Times National News by search term


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s