Chances are that you may have heard about the tensions going on between North Korea and the rest of the world. After all, this is mostly what the media has been focusing on during the last couple of months, and it’s surely understandable given the circumstances.
However, recent reports indicate that the Democratic People’s Republic of Korea is now taking an unexpected interest in Bitcoin and other digital currencies. With this in mind, it appears that the regime may be funding itself with the help of the cryptocurrency, as mentioned by an intelligence research firm. So far, the news on the matter indicates that North Korea has started mining Bitcoin on the 17th of May, in order to generate more revenue that could sustain the country. While it is hard to imagine that a country could sustain itself on bitcoin mining rewards alone, this statement isn’t too far-fetched, as we’re talking about a country, rather than a company, therefore they most likely have all the processing power they need to mine bitcoin efficiently.