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 …

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