This is an opinion editorial by Beautyon, the CEO of Azteco and a contributor at Bitcoin Magazine. A group of bitter, twisted computer illiterates in the beleaguered European Union have managed to ...

As a refresher, miners run the machines that do the work (essentially solving a very complex math problem) of recording new ...

Doing the math by hand isn’t exactly ... The SHA-256 hash function used for Bitcoin isn’t really that hard to work out by hand. The problem, though, is that it takes a 64 byte value, sends ...

“Bitcoin mining is the process of creating new Bitcoins by solving extremely complicated math problems that verify transactions in the currency. When a Bitcoin is successfully mined, the miner ...

New blocks are added to this blockchain in a process called mining, which involves solving complex math problems and rewards ...

See the problem? It's just math.” The math is catching up to sovereign nation ... I am here to argue that nothing serves this purpose more marvelously than bitcoin. Although much remains unknown about ...

A new paper proposes using a method called "coarse-grained boson-sampling" to validate the proof of work process and reward successful miners.

A global network of specialized computers owned by many different players competes to solve complex math problems to add Bitcoin transactions to a digital ledger, with the winners rewarded with ...