how does it get valued again, its so confusing..
who generates bitcoins !??, its a virtual currency !!!
http://www.bbc.co.uk/news/technology-24818975" onclick="window.open(this.href);return false;
why are they playing crypotographic puzzles !???? i dont get itmint new coins.
Typically new Bitcoins are generated by getting lots of computers to tackle a complicated cryptographic puzzle. At any given moment thousands of computers are involved in tackling this puzzle.
Roughly every ten minutes one group involved in solving this puzzle is rewarded with Bitcoins. The process is known as "mining" because, like miners, those who take part have to sift a lot of dross before they find a valuable nugget. As soon as the new coins are found, the news is circulated and everyone starts working on the next puzzle. One Bitcoin is currently worth about £145.
