What is Bitcoin mining? SoCal miner explains the process

Yasar was recently in his home country of Turkey, which took steps to try to ban Bitcoin before reversing course. Yasar explained how the puzzles generated by the bitcoin software are extremely difficult to solve, using lots of computing power pooled together. Once a mining computer solves the cryptographic puzzle, it’s easy for the Bitcoin […]

FBI warns northeast Ohioans of Bitcoin scams

An FBI spokesperson shared a few examples of Bitcoin scams. Among them, scammers have called victims pretending to be from the Social Security Administration, claiming that the victim’s Social Security number was used in a crime. It is imperative for consumers to verify financial transactions prior to sending money in any form, including virtual currency. […]