We are in the middle of a bitcoin boom. Investors are chasing various types of cryptocurrency, which is digitally encrypted money that operates independently from banks. Verifying the digital transactions is a process called “cryptocurrency mining.” It uses a huge amount of electricity and this industry is popping up in some unexpected places. In the latest CBSN Original, Errol Barnett visits the small town of Wenatchee, Washington. It’s a place originally known for it’s apple orchards but now it’s the epicenter of a new industry. “Cryptocurrency: Virtual Money, Real Power” premieres Sunday, Aug. 26 at 8 p.m. ET on CBSN.
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