6 Jaw-Dropping Stats About Bitcoin
Bitcoin (BTCUSD) has been in the headlines quite a bit lately, and it's not hard to see why. Not only is the digital currency up by about 1,500% in 2017 alone, but the wild swings and spikes have attracted lots of interest from investors. Looking past the headline numbers of how much bitcoin is worth now, here are six stats about bitcoin that tell you more of the story.
Bitcoins are created through a process known as "mining," where specialized computing hardware attempts to solve complex mathematical problems in exchange for newly created bitcoins. (Note: For all of the bitcoin enthusiasts out there, I understand that is a very simplified explanation of how mining works.)
Image source: Getty Images. (Note: This is an illustration -- there is no such thing as a physical bitcoin.)
Source: Fool.com
