Inside a Secret Chinese Bitcoin Mine
Why Hacker News recommends it
HN links it as a rare look inside a large Chinese mining operation, with its deafening machine noise and workers' conditions.
What it is
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.
Recommended by 1 HN commenters across 1 different months, 2017 to 2017.
What Hacker News said
Recommends teknologist · 2017-07 · on “Photos: Life inside of China’s massive and remote Bitcoin mines”
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]
Cites brilliantcode · 2017-02 · on “Two of China's Biggest Exchanges Stop Bitcoin Withdrawals”
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?
Cites Animats · 2017-03 · on “Bitcoin, blockchains, and national security”
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]