Talks to Watch

Inside a Secret Chinese Bitcoin Mine

4.7M views · Feb 6, 2015 · 9:17 · 1 HN recommender · 3 mentions · discussed 2017

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.

Why Hacker News points people here: 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”HN comment, 2017

What Hacker News said 3

RecommendsteknologistJul 2017

“The noise of these machines is incredibly loud and annoying even in the edited video”

Eerie audio-visual look at loud mining machines and workers' living conditions.

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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
Cites itbrilliantcodeFeb 2017

Shows Chinese bitcoin mining operations.

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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
Cites itAnimatsMar 2017

“Northeast China mine”

Example of a Bitcoin mine in northeast China.

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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