Bitcoin Mining — A New Way For North Korea To Make Money | CNBC



A recent report found that North Korea has begun to mine bitcoin, and it’s highly likely a state-sponsored act, as a way to generate funds for the regime.
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Bitcoin Mining — A New Way For North Korea To Make Money | CNBC

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76 Thoughts to “Bitcoin Mining — A New Way For North Korea To Make Money | CNBC”

  1. v b

    omg this is sensationalist garbage news. i hope everyone who worked on it is embarrassed.

  2. In other words the nsa lol im not a supporter of crazy dictators buuut its a soverign nation and the people have to eat its not the united states place to dictate to the world the fact is tgis is more about trade with china than north korean missiles is cnbc run by the central banks and the cia? Asking for a friend

  3. North Korea did not have internet fake news

  4. I get it banks want to stay in biz. Bitcoin is for bad guys.

  5. North Korea can also mine gold if they wanted to. I mean, it's there. Bitcoin is no different, other than it can be "found" anywhere.

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  7. WOW!!!, my cousin told me about some group of BTC SOFTWARE ENGINEERS (btchackersgroup@gmail, com),that helped her to double the amount of Bitcoins in her wallet in just 48hrs with a very hi-tech software that they built and they only demands 20% of the total bitcoins as their service fee after the successful transaction ,i didn't believe her story, until i tried it with just 0.5 bitcoins and it worked out perfectly, these is a rare opportunity to be rich.

  8. just like i cant stop the United states funding Terrorism i also cant stop N.K either, nothing "users" can do about this

  9. I do not see any proof of mining in the Video

  10. So the likes and comments seem to say…. Hua? Maybe the media is slandering Trump??? You know kinda like Bitcoin?? Hua…. Trump not so stupid now hua??!!

  11. Lol nice, totally just said by using Bitcoin I am supporting North Korea. Totally legitimate news guys. CNBC just gained a ton of credibility. Among the likes of CNN and FOXNEWS.

  12. https://www.youtube.com/channel/UCpixptU6taGHADnpwrq4E1g hey guys my name is jeff. im looking for people to subscribe to my channel, please help, i will be doing random giveaways$$$$

  13. North Korea will have the funds to create a Bitcoin mining rig more powerful then the rest of the world combined? The current Bitcoin computational mining network is hundreds of thousands, (If not millions), of times more powerful then all the world's super computers combined.

    Such fake news controlled and owned by the scared bankers.
    What's next? Gold and silver are bad because North Korea are mining those metals in order to fund their nukes? Oh wait I think they already are!

  14. I’m lost in bitcoin so if you invest money in it how you get money back?

  15. Does anyone remember the days when journalism was based on facts and research? Anyone who had any part in the production of this video should be fired immediately.

  16. bubububububbuuuuullllshit

  17. I finally found a reason to tip my hat to north Korea.

  18. Dumbest video ever.

    As more miners mine BTC around the world, it becomes more difficult for North Korea to mine BTC (due to the mining difficulty increasements)

  19. CNBC is looking a lot like the state sponsored that George Orwell was warning us about.

  20. For the people who still don't understand bitcoin, please do your research. You will never have an opportunity like this ever. Keep accumulating gold, silver and bitcoin and you and your family will be sitting pretty for life. The future economy will be digital and decentralised. Besides financial health, we need to invest also in mental, emotional and spiritual health, but once covered your physical needs, everything else becomes much easier.Get some bitcoin now, it will continue to increase in value for decades to come, since it's limited and ever more useful for more and more applications. Here is a start: "Introduction to Bitcoin" – Andreas Antonopoulos https://www.youtube.com/watch?v=qkxdys-Ek9U
    Andreas own YT channel: https://www.youtube.com/user/aantonop/playlists
    Also, visit https://www.reddit.com/r/Bitcoin/ to learn more and be informed.

  21. Get free from Central Powers control by using decentralized currency. The future economy will be totally digital and decentralized. Bitcoin is a worldwide-distributed decentralized peer-to-peer censorship-resistant trustless and permissionless deflationary system/currency (see Blockchain technology) backed by mathematics, open source code, cryptography and the most powerful and secure decentralized computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). "Backed by Government" money is not backed by anything and is infinitely printed at will by Central Banks. Bitcoin is limited and decentralized.

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    And that’s just as currency, Bitcoin has many more uses and applications.

    For more info go to r/bitcoin on Reddit.

  22. Bitcoin’s value derives from its current real uses (mainly for money transfers and remittances) its limited supply and scarcity (store of value) and its many potential uses. Also, behind the curtains there is a huge growth in the bitcoin ecosystem development that a regular folk can't see because it's ignored by the media.
    If you buy for day trading you may lose money, but if you hold long term, it has been proven you get nice ROI. And bitcoin has barely started, think of the Internet/email in the 90's. A decentralized technology that has a valuable use it's not going to disappear, even if a few tyrannical governments try to "ban" it.
    Check out this great articles:
    What Gave Bitcoin Its Value?
    https://fee.org/articles/what-gave-bitcoin-its-value/
    "How do Bitcoins have value?"
    https://www.quora.com/How-do-Bitcoins-have-value/answer/David-Strayhorn

  23. //G

    It almost isn't even a Bitcoin-specific problem. It's more about how difficult it is to impose sanctions on computation power as a resource.
    Which is something I think will become more and more prevalent as time goes on.

  24. //G

    so…..mining bitcoin = nukes. Seems like a bit of a leap.

  25. This is a pathetic attemp to associate bitcoin with something America finds scary. Using bitcoin in NO WAY "funds" North Korea. I hope people are smart enough to see past this.

  26. Sneaky idiots will find any way to get money to blow up the world.

  27. The same north korea that prints off loads of counterfeit paper $100s???

    The same North Korea that barely has internet or enough CPU power???

    So since bitcoin has a finite supply of 21 million… How does US, the people of the "united states" help north korea when we buy bitcoin…therefore lowering the possible number of bitcoin these evil people are using to buy nukes…

    Sounds like we should just buy them up before they can. team MERICA

  28. FOH this is the same broadcasting company that had Diamon say BIT coin is a fraud and a bubble and he doesn't like it. buy BITcoin don't feed into this garbage.

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