Bitcoin | what's all the buzz about it?
The HinduBitcoin surged anew on Monday when Elon Musk electrified its prospects by pledging Tesla Inc would soon take payment for its electric vehicles in the currency and revealed it had already bought $1.5 billion worth of it. PayPal Holdings Inc said in October that it would allow customers to buy, sell and hold bitcoin and other virtual coins using its online wallets. Transactions are made by sending bitcoin from one wallet to a unique key associated with another wallet in a cryptographic process that is verified by computers across the bitcoin network. New bitcoins are generated in a process called "mining," which involves individuals or groups using large amounts of computing power to solve complex mathematical equations to build the blockchain and earn rewards in the form of new coins.
History of this topic
Ethereum is a better bet than bitcoin, JPMorgan says
The Independent
As Bitcoin goes mainstream, Wall Street looks to cash in
Associated PressBitcoin soars to new high above $52,000; sustainability concerns rise
The Hindu
Why I still need some convincing over the prospects for Bitcoin
The Independent)
Bitcoin evaluation hits all-time high, breaches above $50,000 for first time
FirstpostPayPal to open up network to cryptocurrencies
The Hindu
Bitcoin surges, scales new peakBitcoin surges, scales new peak
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