While the phrase ‘Bitcoin mining’ invokes images of heavy equipment to dig in the earth, that’s not how Bitcoin mining works. Bitcoins are mined by solving complex mathematical algorithms that are verified on a series of nodes on the Bitcoin network....
As of July 2019, bitcoins were worth nearly $12,000. The value of the virtual currency attracts many to try their hand at mining, trading or investing. However, as with other monetary-based industries, the market is not without scams. In 2018, millions of investors...
