Inside a Secret Chinese Bitcoin Mine
Motherboard1 HN recommenders · 2017–2017
4.7M views · documentary · dated · Uploaded 2015-02-06
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.
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3 comments from Hacker News
Won't guys like 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?
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] [VIDEO] [2] [LINK] [3] [LINK] [4] [LINK] [5] [LINK]
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: [VIDEO]