28 Nov '12, 1am

Rewards halve for digital miners: People trying to profit via the bitcoin electronic currency will soon have to

28 November 2012 Last updated at 01:49 GMT Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Rewards set to halve for digital money miners Bitcoin "miners" generate the coins by completing work on a computer Continue reading the main story Related Stories Digital currency: Brave new world or criminal haven? Bitcoin users sue over lost funds Bitcoin 'will recover' from crash People trying to profit via the bitcoin electronic currency will soon have to work harder to mint the digital coins. Safeguards built into the bitcoin software are about to be triggered as the number of bitcoins in circulation hits a key milestone. This means bitcoin "miners" will have to work twice as hard to be rewarded with the same number of coins. The change comes as competition to create the coins gets more intense with the release of custom mining chips. Since the cre...

Full article: http://www.bbc.co.uk/news/technology-20510447#sa-ns_mchan...

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