Crypto Mining 101, What it Is And How it Works (Watch Video)
The World Economic Forum is getting underway in Davos, Switzerland and cryptocurrency, bitcoin and blockchain are in the spotlight. Still confused by it all? Watch this video primer on cryptocurrency.
In year's past, Britcoin, cryptocurrencies and blockchain were criticized at Davos. But, this year attitudes might be shifting at the big annual World Economic Forum in Switzerland.
The summit, which begins on Tuesday, Jan. 23, has a handful of Bitcoin, cryptocurrency and blockchain-related panels planned. These panels include high-profile leaders Treasury Secretary Steven Mnuchin, International Monetary Fund head Christine Lagarde and BlackRock (BLK - Get Report) CEO Larry Fink, among others.
Still confused about cryptocurrencies, blockchain and everything related? Watch the video for a basic 101 on Crypto Mining.
It is unclear how a 'libra' denominated transaction might be governed in the future and it might require the creation of an entirely new oversight entity.
Last-hour buying sent the indexes into positive territory, but breadth remained negative, oil-related stocks were brutalized as money flowed into precious metals, bitcoin and bonds.
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