​No, People, Bitcoin is NOT an Xbox Game or a New iPhone

Bitcoin has fascinated people for a little bit now. It's got that futuristic sounding name that sounds cool. Seems like something you should get into, right? But don't be like the six percent of surveyed Americans who thought that Bitcoin was an Xbox game. Because it's not. » 12/13/13 1:30pm 12/13/13 1:30pm

Bitcoin Mining Is Getting Out of Control

Bitcoins are digital currency that can be mined by computers solving mathematical puzzles. Over the years, they've shot up in value. They might make you rich! Maybe not! It's a Bitcoin rush, and the mining operations are getting large, complex, and bonkers. » 11/26/13 6:50am 11/26/13 6:50am

E-Sports League Hit With Lawsuit Over Bitcoin-Mining Scandal [Update]

Three gamers have sued the ESEA League, one of the largest PC gaming leagues, for the surreptitious installation on their computers of malware that "mined" the virtual currency called bitcoins, netting a rogue ESEA employee some $3,700 back in April. Their lawsuit seeks class action status. » 7/07/13 11:30am 7/07/13 11:30am

E-Sports League Mined Bitcoins with Subscribers' Computers [UPDATE]

ESEA League, one of the largest PC gaming leagues, has admitted to putting code into the league's client software to "mine" bitcoins, the open-source Internet currency now exchanging for around $130 per. The league is offering free memberships as some members complain the code damaged their video cards. » 5/01/13 3:46pm 5/01/13 3:46pm