Inside a Secret Chinese Bitcoin Mine on HackerTube: recommended by 1 Hacker News commenter across 1 month, 2017.
documentary · dated
Motherboard's 2014 visit to a secretive Bitcoin mining operation in a repurposed factory in Liaoning, China, one of six sites producing about 4,050 bitcoins a month. It shows the machines and the workers' living conditions.
HN links it as a rare look inside a large Chinese mining operation, with its deafening machine noise and workers' conditions.
“The noise of these machines is incredibly loud and annoying even in the edited video”
3 Hacker News comments link this video. Each one links back to its thread.
Vice produced a video called "Life Inside a Chinese Bitcoin Mine" which complements these photos with a bit of an eerie audio/visual experience. The noise of these machines is incredibly loud and annoying even in the edited video and the people running these things essentially live in squalor. [link] Non-Flash: ▶ this video
in “Photos: Life inside of China’s massive and remote Bitcoin mines” · View on HN
No, they're not outside of China. Locating a Bitcoin farm in China allows paying for power, equipment, and staff in yuan, while generating revenue in dollars or euros, legally. Northeast China mine: [1] Another China mine: [2] Mine in Kangding: [3] BW Pool and Antpool, in Inner Mongolia: [4] OxBTC farm (possibly in Ordos): [5] [1] ▶ this video [2] [link] [3] [link] [4] [link] [5] [link]
in “Bitcoin, blockchains, and national security” · View on HN
Won't guys like this ▶ this video get affected? If all they can do is mine but not cash out, what happens to the network transaction speed and the overall difficulty?
in “Two of China's Biggest Exchanges Stop Bitcoin Withdrawals” · View on HN