Detailed text transcripts for TV channel - CNN - 20171210:10:25:00
Bitcoin and the most simplistic terms requires those who are mining to solve complex mathematical puzzles to create a new bitcoin of which there are limited supply. the issue is bitcoin money requires a large amount of power to do this and so it has a sort of cost and eventually there will be some sort of reconciliation between the cost in power terms and the actual amount of bitcoin and the price of bitcoin. >> miles johnson, live for us in london, thank you for the explanation on what's happening. >> thank you. and coming up here, the latest on tensions over the u.s.-jerusalem decision. we...
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