The Bitcoin Arms Race is on!

  • Peck M
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Abstract

Bitcoin, the cryptocurrency powered by a decentralized peer-to-peer network of computers, has been hot this season. With the exchange rate bobbing around US $100, those involved in creating new bitcoins' and upholding the network that makes them valuable' have become locked in an arms race of sorts, seeking new, powerful machines that will enrich them but that could also destabilize the nascent virtual money.

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APA

Peck, M. (2013). The Bitcoin Arms Race is on! IEEE Spectrum, 50(6), 11–13. https://doi.org/10.1109/mspec.2013.6521016

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