The Daily Dot has the article The rise and fall of Bitcoin mining.
Earlier this month, fans of Bitcoin – the world’s most popular digital currency—were caught in a whirl of panic as one group threatened to corner the market for new bitcoins.
Reader WayneP has been bugging me with the question “Is Bitcoin foolproof?” I brushed this question aside as irrelevant. Well, with this article I am starting to see Wayne’s point. The article does a nice job of putting the issue in context. Further, it does explain some of the mystery that I felt about the issue of mining.
Stay tuned for the continuing saga.