Life Inside a Secret Chinese Bitcoin Mine

in #dtube7 years ago


Motherboard gained access to a massive, secretive Bitcoin mine housed within a repurposed factory in the Liaoning Province in rural northeast China.

This is the infrastructure that keeps the digital currency’s decentralized network up and running, and its operators are profiting big time.

The mine we visited is just one of six sites owned by a secretive group of four people, part of a colossal mining operation that, as of our visit, cumulatively generated 4,050 bitcoins a month, equivalent to a monthly gross of $1.5 million.

Read more on Motherboard - http://bit.ly/Chinese-Bitcoin-Mine

Up Next: The Beaver Slayers of Patagonia - http://bit.ly/Beaver-Slayers

Subscribe to MOTHERBOARD: http://bit.ly/Subscribe-To-MOTHERBOARD

Follow MOTHERBOARD
Facebook: http://www.facebook.com/motherboardtv
Twitter: http://twitter.com/motherboard
Tumblr: http://motherboardtv.tumblr.com/
Instagram: http://instagram.com/motherboardtv
More videos from the VICE network: https://www.fb.com/vicevideos


▶️ DTube
▶️ IPFS
Sort:  

Please Upvote and Subscribe if you like the video.

Congratulations @universal24! You received a personal award!

1 Year on Steemit

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @universal24! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!