Motherboard
1 HN recommender · recommended in 3 months, 2017
9:17 · 4.7M views · Feb 6, 2015
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.
3 comments from Hacker News
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
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]
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?