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Dec 15, 2017 I mean, no, but quickly, it's a “cryptocurrency” that's basically secret computer money. One bitcoin, which doesn't actually have a real, In a report last week, the cryptocurrency website Digiconomics said that worldwide bitcoin mining was using more electricity than Serbia. The country. Writing for Grist, Eric 

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Jul 5, 2017 The change in hashing algorithms is the biggest factor in what sort of hardware can be used to mine the coin. The ASIC name says most of what you need to know: it's application specific, and in the case of Bitcoin, the ASICs are focused almost exclusively on running the SHA256 algorithm. A CPU in