Bitcoin beats dollar to become top performing currency of 2015January 12, 2016 - 10:18 AMT PanARMENIAN.Net - Bitcoin is the top performing currency of 2015. As RT reports citing The Money Project, the decentralized digital currency beat the US$ by 35 percent. Bloomberg View called the turnaround "comeback of the year" as bitcoin was also the top performing currency of 2013, but the worst currency of 2014, feeding into the virtual money's renowned volatility. Along with the currency’s recent popularity has come the re-emergence of bitcoin mining. Anyone with the technological resources and brainpower to solve complex computational problems can mine bitcoin, and get paid for their efforts in the digital currency, therefore creating more bitcoin in the market. While mining became less popular as the rate fell from its peak of $1,137 in 2013 to $13 less than two years later, it seems that groups of miners that share computing power to harvest bitcoin more quickly are making a comeback. BTCC told Bloomberg Business "Everyone in our pool is making money, because people who aren't making money would not have their machines turned on”. Related links: Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |