Blockstream CEO details partnership with Tesla for solar-powered bitcoin mining

Yahoo Finance published this video item, entitled “Blockstream CEO details partnership with Tesla for solar-powered bitcoin mining” – below is their description.

#Blockstream #blockchain #crypto

Blockstream CEO Adam Back joins Yahoo Finance Live to discuss mining bitcoin using renewable energy sources, the company’s new partnership with Tesla, and the outlook for the crypto market.

Yahoo Finance YouTube Channel

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Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.

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A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin, for maintaining a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the accuracy and security of a record of data and generates trust without the need for a trusted third party.

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