Creating a Bitcoin-Mining Botnet at No Cost Bitcoins are valuable, in large part because mining for bitcoins takes a lot of resources. At Black Hat a pair of researchers demonstrated that it's ...

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 ...

People run specialized computers called miners that verify bitcoin transactions and create new blocks of transactions to add to the older blocks stored by each miner.