Bitcoin mining

Universities should ban Facebook before punishing Dogecoin mining

Universities are facing a dilemma now that students have been discovered mining cryptocurrencies using campus facilities. Are these students displaying entrepreneurship or unacceptable behaviour? Harvard has decided it’s the latter, permanently banning an unidentified person from using its computer research facilities after they were found using a supercomputer to mine dogecoin. It is not known […]

Bitcoin is like a real gold rush: it’s the miners who are exploited

The recent crash of popular bitcoin exchange MtGox has given some commentators the opportunity to hint at the collapse of bitcoin itself. There are historical comparisons to be drawn here with the 2001 dotcom crash or the South Sea Bubble of 1720. However, these examples can only offer a partial explanation of recent events.