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Not even the most daring forecasters dared to think of a bitcoin exceeding $ 10,000 before this end of the year, but any fiction has been far exceeded by reality.Bitcoin is a multibillion dollar force that regularly gets headlines from big news agencies and much more than that.During the beginning of 2017, the price of BTC was a staggering 1,000, but then exploded even more at the end of the year reaching almost $ 7,000.
However, the future is still uncertain.
As it has grown in size and value, it has gained the attention of everyone, including criminals, who may want a piece of the pie by any means necessary.
And given the anonymity characteristics of the cryptocurrency, this will certainly appeal to them.One of the main reasons people have accepted Bitcoin so much is the security it provides.
Blockchain algorithms are more difficult to hack than traditional financial institutions.Blockchain is based on a series of mathematical tasks forced into existence, one on top of the other.
Mining is the process by which we generate the response to these functions.Now, not everything is open and unobstructed field for cryptography.
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