Latest news videos for #bitcoin – Bitcoin | Haystack TV
appstore icon
Haystack TV
Official App
Free — Google Play

Bitcoin

#bitcoin
Source Star

Bitcoin is a software-based online payment system described by Satoshi Nakamoto in 2008 and introduced as open-source software in 2009. Payments are recorded in a public ledger using its own unit of account, which is also called bitcoin. Payments work peer-to-peer without a central repository or single administrator, which has led the US Treasury to call bitcoin a decentralized virtual currency. Media reports often refer to bitcoin as a cryptocurrency or digital currency. The status of bitcoin as a currency is disputed. Bitcoin is the first fully implemented decentralized cryptocurrency; most other cryptocurrencies are similar and derived from it. It is also the largest cryptocurrency in terms of total market value. Bitcoins are created as a reward for processing work in which users offer their computing power to verify and record payments into the public ledger. This activity is called mining, which individuals or companies engage in, in exchange for transaction fees and newly created bitcoins. Besides mining, bitcoins can be obtained in exchange for fiat money, products, and services.

  • Now Playing
    Video Thumbnail
    • Here's What It Costs To Mine One Single Bitcoin In 115 Different Countries Across The World
    • CNBC
  • Now Playing
    Video Thumbnail
    • Bitcoin conference no longer accepting Bitcoin payments
    • Veuer
  • Now Playing
    Video Thumbnail
    • Disney Board Loses Two Tech Giants, Bitcoin Takes a Tumble
    • Cheddar
  • Now Playing
    Video Thumbnail
    • Chinese regulators move to close bitcoin mines
    • Financial Times
  • Now Playing
    Video Thumbnail
    • If Bitcoin Falls Below 10,000 Level, Bloom Might Be Off The Rose | Trading Nation
    • CNBC
  • Now Playing
    Video Thumbnail
    • Bitcoin Will Hit $100,000 This Year, Says Saxo Bank Analyst
    • CNBC
  • Now Playing
    Video Thumbnail
    • Digital Currency Has Real Value — Here’s Why
    • CNBC
  • Now Playing
    Video Thumbnail
    • Grayscale's Michael Sonnenshein: Bitcoin Doesn't Come Without Risks
    • CNBC
  • Now Playing
    Video Thumbnail
    • Thinking About Investing In Bitcoin?
    • CBS Chicago
  • Now Playing
    Video Thumbnail
    • Peter Schiff on the State of the Markets, Fed Policy, and Bitcoin
    • TheStreet
  • Now Playing
    Video Thumbnail
    • We See Tremendous Potential In Blockchain In Other Industries: CoinList CEO Andy Bromberg
    • CNBC
  • Now Playing
    Video Thumbnail
    • Charlie Munger: Bitcoin And Other Cryptocurrencies Are Also Bubbles
    • CNBC
  • Now Playing
    Video Thumbnail
    • Debating The Future Of Bitcoin | Trading Nation
    • CNBC
  • Now Playing
    Video Thumbnail
    • Bitcoin Under Pressure As South Korea Considers Trading Ban
    • CNBC
  • Now Playing
    Video Thumbnail
    • Why Cheap Electricity Is Important To Mining Bitcoin: Salcido Enterprises CEO Malachi Salcido
    • CNBC
  • Now Playing
    Video Thumbnail
    • How To Buy Ripple, One Of The Hottest Bitcoin Competitors
    • CNBC
  • Now Playing
    Video Thumbnail
    • Bitcoin Mining Epicenter Found In Rural Wenatchee, Washington
    • CNBC
  • Now Playing
    Video Thumbnail
    • $45 Million Malibu Mansion For Sale To Bitcoin Buyers
    • CNBC
  • Now Playing
    Video Thumbnail
    • Behind The Scenes Of Bitcoin Mining
    • CNBC
  • Now Playing
    Video Thumbnail
    • Here's How Bitcoin Is Mined In The U.S.
    • CNBC