When a Bitcoin Miner Mines, what is happening? Dr Mike Pound exposes the process..
note: at 3:39 Mike mentions a Bitcoin is mined every ten minutes when it is actually a block that is mined every ten minutes, at time of recording a successful block generates 12.5 new Bitcoins.
This video was filmed and edited by Sean Riley.
Computer Science at the University of Nottingham: https://bit.ly/nottscomputer
Computerphile is a sister project to Brady Haran’s Numberphile. More at http://www.bradyharan.com