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What is Bitcoin Mining? June 28, 2017 2:48 pm by StevePrentice. Cryptocurrencies like Bitcoin, Litecoin, and others, are unique in many ways when compared to traditional currency, but perhaps none more so than how they are created. They are mined. They are not printed, like paper money, but instead they are carved 

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US State of Montana Invests Directly in a Bitcoin Mining Operation. BITCOINNEWS. June 13, 2017 3:25 pm 0. Following bitcoin's price rise to an all-time high of $3,000, the rural State of Montana Governor Steve Moreover, some find it worrying that 80% of bitcoin mining is concentrated in China and the surrounding areas.