File:Bitcoin Explained - a video explaining the decentralized digital cryptocurrency Bitcoin.webm

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Original file(WebM audio/video file, Vorbis/VP8, length 3 min 25 s, 1,280 × 720 pixels, 466 kbps overall)


English: A video providing an explanation of Bitcoin. It explains how new bitcoins are generated (mining). It also gives information about Bitcoin exchanges (it mentions Mt.Gox by name).

The video also gives information about where bitcoins can be spent. It mentions the black market Silk Road, WordPress and WikiLeaks donations.

Some information in the video is slightly outdated. The reward for mining a new block is currently 25 BTC, it was 50 earlier.

The value of one bitcoin in USD has changed as well. The current exchange rate is available here.

The amount of bitcoins in circulation is changing constantly as well. The current amount is available here.
Date UTC
Author Duncan Elms


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current21:23, 11 April 20133 min 25 s, 1,280 × 720 (11.37 MB)Y98 (talk | contribs)User created page with UploadWizard
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Transcode status

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StatusTranscode derivative descriptionDownload derivative
Completed transcode 22:22, 21 February 2014Low bandwidth Ogg video (160P)
Completed transcode 22:23, 21 February 2014Web streamable Ogg video (360P)
Completed transcode 18:03, 11 June 2013Web streamable WebM (360P)
Completed transcode 21:26, 11 April 2013Web streamable Ogg video (480P)
Completed transcode 18:07, 11 June 2013Web streamable WebM (480P)
Completed transcode 18:09, 11 June 2013High quality downloadable WebM (720P)