Despite a crash that saw the price of Bitcoin and other cryptocurrencies plummet, the fever is not dead. Look no further than the race for computing power, which is reaching new and bizarre heights.
Cryptocurrencies in general and Bitcoin in particular requires an enormous amount of computing power to mine. That’s by design. As the difficulty of mining goes up, the cyber-prospectors of this new gold rush are employing all kinds of methods to corner as much horsepower as they can: Buying up graphics cards in bulk, co-opting high-tech government equipment, and most recently, illicitly employing the services of thousands of web browsers. More….