Even more fascinating than the idea of a digital currency are those who dedicate their lives to it. A network of miners all across the world, many of whom are in China, run the system. They not only process every Bitcoin transaction, but they also play a large role in governing the platform, for better or for worse. Episode two looks at where these Bitcoin mines are developing and who is behind them. It also explores the role of these miners, the decision power that they posses and the delicate balance of power required for the platform to operate in the way in which it was intended.
Check out episode one here and episode two above. New episodes will be released on TechCrunch.com or on our YouTube channel daily throughout this week.
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Rebecca Friedman was a social media and audience development analyst for TechCrunch. She graduated from the Medill School of Journalism, Media, Integrated Marketing Communications at Northwestern University in 2015.