About This Source - Bloomberg QuickTake: Now
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.
Recent from Bloomberg QuickTake: Now:
Bloomberg Quicktake: Now published this video item, entitled “How Do You Actually Mine Bitcoin? | Decrypted” – below is their description.
Many of you asked: How do you actually mine cryptocurrencies?
Mining bitcoin is not the same as digging gold. Bitcoin mining requires specialized equipment and a lot of electricity. Bloomberg’s Eddie van der Walt explains the process.Bloomberg Quicktake: Now YouTube Channel
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In This Story: Bitcoin
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.