Transcripts for BBCNEWS Click 20210806 01:42:00 : vimarsana.

BBCNEWS Click August 6, 2021 01:42:00

to create bitcoin. they do that by tackling wickedly hard equations that need a lot of computer power to solve. in many ways, these computers are printing money. one bitcoin is currently worth over £25,000, or $35,000, and all these computers need a lot of energy. the unique thing about this plant is it both creates energy and mines bitcoin, so these turbines actually create the energy, and then literally right next to them there are these massive bitcoining machines. that's kind of the unique selling point of company, that they do the whole thing in—house. mining bitcoin is hugely energy intensive. cambridge university estimates that the annual amount of energy used to mine bitcoin is equivalent to a country the size of colombia or bangladesh. there are nearly 10,000 bitcoin mining computers here and greenidge

Related Keywords

Computers , Lot , Ways , Equations , Mining Bitcoin , Done Bitcoin , Computer Power , Printing Money , 5000 , One , 25000 , 35000 , Plant , Energy , Thing , Mines Bitcoin , Turbines , Company , Kind , Selling Point , Machines , Bitcoining , Tin House , Country , Greenidge , Amount , Bitcoin Mining Computers , Size , Estimates , Cambridge University , Bangladesh , Colombia , 10000 ,

© 2025 Vimarsana