Abstract
We present the summary of the recent investigations of double black hole binaries in context of their formation and merger rates. In particular we discuss the spectrum of black hole masses, the formation scenarios in the local Universe and the estimates of detection rates for gravitational radiation detectors like LIGO and VIRGO. Our study is based on observed properties of known Galactic and extra-galactic stellar mass black holes and evolutionary predictions. We argue that the binary black holes are the most promising source of gravitational radiation.
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