man Bitcoin Landmark

Man claiming to be inventor of Bitcoin nabs £53 billion fortune in landmark legal battle

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Bitcoin is created through 'mining'. This is where powerful computers solve complex sums with a 64-digit answer.These sums become more difficult and require stronger computers as each new Bitcoin is created, which is why 'mining' Bitcoin now consumes so much electricity.Once a problem has been solved, the 'miner' is given a new Bitcoin.This is added to something called the blockchain, a public record of every Bitcoin transaction there is.Only 21 million Bitcoin can ever be created, and we're currently about 16 million of the way there.People are able to make money from Bitcoin by either mining it and selling it, or by buying the crypto then selling it at a higher value later on.It's really important to remember that the value of Bitcoin is.

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