CNN New Day Weekend With Christi Paul and Boris Sanchez June 4, 2024 09:55:00
Blockchain, a vast ledger now more than 700,000 blocks long. a new block is uploaded every ten minutes. mine a block, and you earn 6.25 bitcoin, worth at the moment, more than $250,000. this one farm earns about 200 grand every week. this location is one of seven locations that we built and operated. >> reporter: china was the global pit coin mining capital, but last year the communist party cracked down. >> a lot of it migrated to the u.s. and it happened really quickly. as of right now, the estimates are that 35% of the world's bitcoin mining is in the u.s. >> reporter: it creates some jobs,...
Source: archive.org