BACK IN 2013, when you could still mine bitcoins at home, WIRED was sent a small, sleek mining device manufactured by the now-defunct Butterfly Labs. We turned on the Roku-looking machine in our San Francisco offices and allowed it to do its job. A small fortune was soon amassed, now wortharound $100,000. Then, we lost the money. Forever.
Here’s what happened to WIRED’s 13 Bitcoins—and to the millions of others that have faced the same fate. Continue reading “How WIRED Lost $100,000 in Bitcoin”