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I don't think I've ever encountered a "bitcoin". However, isn't it a currency to be used within a video game. Computerized "mining" is frowned upon. It would be easy enough for the developers to knock out "mining". For example, they could wipe out all accounts for 2013 currency, and require people to start afresh in 2014. Accounts could be capped with the "value" that they can have in bitcoin currency.I'm surprised they don't block IP addresses or subnets from acquiring more than a certain number of bitcoins.
The system is now straining at the seams. Its computational underpinnings have collectively reached 100 times the performance of the world’s top 500 supercomputers combined: more than 50,000 petaflops.[...]Your correspondent visited a miner who operates a rack of mining hardware in his modest apartment. He had purchased his ASIC-based hardware a few months earlier, and it had arrived weeks late, causing him to miss out on a bonanza, because after arrival, the kit generated Bitcoins so quickly that it paid for itself within three days. But the edge that ASICs provide is quickly eroding