How WIRED Lost $100,000 in Bitcoin
May 28, 2018•10 min
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
Back in 2013, when you could still mine bitcoins at home, WIRED was sent a small, sleek mining device manufactured by the now-defunct Butterfly Labs. We turned on the Roku-looking machine in our San Francisco offices and allowed it to do its job. A small fortune was soon amassed, now worth around $100,000. Then, we lost the money. Forever. Here's what happened to WIRED's 13 Bitcoins—and to the millions of others that have faced the same fate.
Learn about your ad choices: dovetail.prx.org/ad-choices
For the best experience, listen in Metacast app for iOS or Android