The frenzied Bitcoin boom has sparked comparisons to a financial bubble, with its price soaring to more than $14,000 (£10,500). But the cryptocurrency craze has also resembled something of a digital gold rush.
With a finite supply of 21 million Bitcoins, tech-savvy individuals and a handful of fast-moving companies have jumped in to harvest as much of the new gold as possible, using powerful computers to hoard as much of the supply as possible.
Bitcoin mining explained
As opposed to buying Bitcoin, "mining" is the process of creating fresh units of the digital currency.
Bitcoin runs on the blockchain, a decentralised network that all its transactions are recorded on. This means it is maintained by its users, not a central authority, and it requires computer power to perform complex mathematical puzzles to run properly.
Users that choose to donate their computer power to the network are then...
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