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Posts Tagged ‘processing power’

Although Bitcoins are valuable as digital currencies go, mining them is a relatively inefficient way of making money, due to the incredible amount of processing power required to produce them. This has not deterred the malefactor behind the BadLepricon Bitcoin-mining malware, which has made it past Androids first line of defense and into the Google […]

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With smartphones packing so much processing power these days, HTC reckons we can combine them all to do some meaningful number crunching à la SETI@home and Folding@home. Were talking about curing diseases (AIDS, cancer, Alzheimers and more) as well as searching for alien life. As such, the mobile company has teamed up with UC Berkeleys […]

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Bitcoin is a virtual decentralized currency that was created in 2009 by developer Satoshi Nakamoto, who described the currency in a paper. Recently Bitcoin has gotten lots of attention. In early 2013, the prices reached a high of US$265 per Bitcoin. The following chart shows the currency’s historical price:Because Bitcoin is a virtual currency and […]

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