27 Feb '14, 7pm

(Almost) Everything You Want To Know About Bitcoin, In One Report

(Almost) Everything You Want To Know About Bitcoin, In One Report

1. Venture capitalists and angel investors have invested more than $100 million into bitcoin companies and another $200 million into companies that make the hardware for bitcoin mining . (These mining rigs are essentially specialized computer systems designed specifically to power the software necessary to complete the mathematical problems that unlock blocks of bitcoin.) Right now, these numbers are a drop in the bucket compared to the entire VC market, but talk to just about any investor following the digital currency industry and you’ll hear that these numbers are going to rise significantly.

Full article: http://recode.net/2014/02/27/almost-everything-you-want-t...

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