While the average punter may not know the intricacies around mining Bitcoin, one key fact is that it requires a hefty amount of computing power.
Bitcoin mining works by having computers solve algorithms, essentially maths problems, in order to make sure transactions on blockchain (a digital records book) are valid. When computers solve these problems, their owners are rewarded with Bitcoin, and the more computing power they have the faster they can mine.
One group of users that have access to large amounts of computing power are video gamers, who require high-end graphics and speeds to play. However, their systems often do not use all their potential when gaming.
Known as Freeloadr, the free application uses spare computing power sitting in video game consoles and PCs to mine Bitcoin, rewarding their owners with points that can then be redeemed for new games.
The firm has pitched it as a win-win: the company gets extra processing to help it mine Bitcoin, while gamers get the chance to earn free games.
With around 2.2bn gamers worldwide and Bitcoin currently trading at US$5,243 a piece, gaining even a small slice of their combined excess power for mining could, quite literally, allow the firm to print its own money (Bitcoin that is).
Elsewhere in the blockchain world, the founders of mining-as-a-service firm Argo Blockchain PLC are facing the potential of being ousted after a meeting was requisitioned for May 16 at the behest of First Investments Holdings, a vehicle owned by colourful entrepreneur Frank Timis, that has a 5% stake in Argo.
Argo currently has around £15mln of cash in the bank, £5mln more than its market cap.
Speaking of mining, albeit of the more traditional variety, MC Mining Limited (LON:MCM) climbed 6.6% to 48.5p over the week after clinching a sale and purchase agreement for its Makhado hard coking and thermal coal project in South Africa.
Block Energy PLC (LON:BLOE), meanwhile, gushed 15.4% higher to 9.8p after ongoing production at its 16aZ well in Georgia validated initial production results of 1,100 barrels of oil per day (bopd) that were reported earlier in April.
Meanwhile, cybersecurity firm ECSC Group PLC (LON:ECSC) surged 12.1% to 92.5p after clinching three managed services contracts which would generate more than £400,000 in revenue over the next three years.
Acquisition news drove a 17.3% share rise to 74.7p for AIM 100 group Learning Technologies Group PLC (LON:LTG) after it unveiled a US$30mln deal to acquire US recruitment software group Breezy HR.
A name change boosted MX Oil plc (LON:MXO), which rocketed 209% to 0.17p after it confirmed it would become ADM Energy following a strategic investment from Shaikh Ahmed Bin Dalmook Al Maktoum, a prominent Emirati investor.
The AIM All-Share had a decent week, rising 1.6% to 957.5, while the FTSE 100 ticked up 0.24% to 7,455.
Elsewhere, digital distribution and localisation group Zoo Digital Group PLC (LON:ZOO) was mauled after forecasting a break-even finish for its second half, sending the shares tumbling 16.2% to 47.7p.
In the miners, shares in Hummingbird Resources PLC (LON:HUM) sank 17% to 16.6p after production at its Yanfolila Gold Mine in Mali was constrained by ore depletion that was greater than forecast.