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aper 
signed by Satoshi Nakamoto -- likely a pseudonym -- and the coins 
made their online debut in 2009. How the coins are created, how 
the transactions are authenticated and how the whole system manages to power 
forward with no central bank, no financial regulator and a user base 
of wily hackers all comes down to computing power and savoir faire.Or, 
as Nicholas Colas, chief market strategist for the ConvergEx Group, describes 
it: "genius on so many levels."The linchpin of the system is a 
network of "miners" -- high-end computer users who supply the Bitcoin network 
with the processing power needed to maintain a transparent, running tally 
of all transactions. The tally is one of the most important ways 
in which the system prevents fraud, and the miners are rewarded for 
supporting the system with an occasional helping of brand-new bitcoins.Those 
bitcoins have become a dangerously hot commodity in the past few days.Rising 
from roughly $13 at the beginning of the year, the price of 
a single bitcoin blasted through the $100 barrier last week, according to 
Mt. Gox, a site where users can swap bitcoins for more traditional 
currencies.On Tuesday, the price of a single bitcoin had topped $200. On 
Wednesday, it hit $266 before a flash crash dragged it back down 
to just over $100. By Thursday, bitcoins were trading for around $150.The 
rebel currency may seem unstable, but then so do some of its 
more traditional counterparts. Some say Bitcoin got 
Republican senators complained Wednesday that plans to hold just one hearing 
on a yet-to-be-unveiled immigration overhaul are "unacceptable" -- as they 
continued to press for more details on how much the legislation could 
cost taxpayers.Fox News has learned the proposed bill could be unveiled 
as early as Thursday. In anticipation of the release, Senate Judiciary Committee 
Chairman Patrick Leahy, D-Vt., announced his committee will hold a hearing 
on the legislation April 17.Though Leahy noted this hearing would be the 
committee's fourth on immigration this year, Republican senators complained 
it would only be the first -- and possibly last -- on 
this specific bill."A single hearing scheduled so quickly to discuss legislative 
language that is not yet even available is completely inadequate for senators 
or the American people to get answers to the many questions a 
bill of this magnitude will inevitably raise," Sen. Mike Lee, R-Utah, said 
in a statement. "We could not possibly have a meaningful hearing with 
a substantive discussion of what will surely be over 1,000 pages of 
provisions we haven't even yet seen."Sen. Jeff Sessions, R-Ala., called 
the hearing schedule "unacceptable.""We need a committee hearing on every 
component of reform, including the extraordinary potential costs to taxpayers, 
the impact on wages and job prospects for the unemployed, and the 
administration's continued refusal to enforce the laws previously enacted 
by Congr

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