With so many different crypto currencies emerging in the marketplace it can be quite confusing for players who don't really understand what all the excitement is about. The Bitcoin is the original virtual currency that was devised over a decade ago by a brilliant Japanese programmer/economist. The idea of the Bitcoin is that it is mined from the computer and is made up of hundreds and sometimes thousands of different algorithms. The algorithms and developed using block chains and these can be huge. The size of the block chains directly affects the time it takes to mine the coins and up until last year it was only possible to mine these in full.