This transcript has been automatically generated and may not be 100% accurate.

... the virtual currency bitcoin hit a record this morning trading ... volume is up ... but it's not just the price of Bitcoin that is not ... my name Bitcoin mocking his father will ... run inside now ... I wanna talk about this story when we can spend too much time given to leave the will of my knee actually is will we use all segments ... of the enemy understands anyway ... but briefly explain to what's going on to the Scottish shows ... how much interest there is a bit when real right there so much interest you create the virtual currency through a process called mining which is basically ... something out complicated set of computer of math problems than use the computer to do so ... and there's so many people that are now trying to you ... that the business of my knee is actually becoming increasingly competitive ... faster harder for it and Dom and just much more ferocious ... than a man's brain a couple of years ago you could do it on your role on the guest of you can't do that anymore ... write what you seen these these companies are being specialized computing equipment food and people wanting to their farming pools yet to do it as well and Dom this all came about because it was one company and is a mining company that as file for bankruptcy and are also facing a lawsuit from one of their clients saying that they had a contracted to provide bitcoin in providing bitcoin ... and so this is a lot of turbulence going the engine of the company is related to quail as we get big name in ... this world and it was really into Utah about that confident contract to produce this yes and it's in that they were unable to do it well they I people filed a lawsuit which was an investment firm they say in that summing can produce on them but they just on getting them to that and that they think that their son to somebody else it's all because of the subprime right ... so I that that picture what it was all this me ... whiny just means that there's an awful lot of the intensity of rounded right now I mean you can see the pricing of Christ of Bitcoin mistreating like thirteen fifteen bucks the beginning of the year and now ... trades over to fifty that I wanted to send me this morning yet gets right to a REIT is still going up isn't really volatile in Tennessee that way there people getting in people getting Alannah lot of emails on my story people see ... that the bitcoin the border town so it's it's really really developing and moving very fast I run good stuff thank you very much ...