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Bitcoin ‘mining’ goes from enthusiasts to giant enterprises as digital currencies surge

August 2, 2017

Via: CNBC

The early bitcoin mining pioneers are giving way to giant organizations operating on multiple continents.

Nearly a decade after an online user named Satoshi Nakamoto published a paper describing how “Bitcoin: A Peer-to-Peer Electronic Cash System” does not need to rely on trusted institutions, individual bitcoin mining is growing more difficult, while large enterprises have emerged.

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