Is Bitcoin Mining Halal? Investigating the Sharia Compliance of Bitcoin Mining

Cloud Computing has powered a wide range disruptive technology that changed the economic landscape of many industries. One of these disruptive technologies is Block Chains and the emergence of cryptocurrencies like Bitcoins. This research explores the Islamic perspective of Bitcoin Mining. For a Bitcoin transaction to be processed it needs to be `mined', which is the process to solving a mathematical equation as well as approve Bitcoin...