How One Of The Largest Bitcoin Farms In The World Works - Alternative View

How One Of The Largest Bitcoin Farms In The World Works - Alternative View
How One Of The Largest Bitcoin Farms In The World Works - Alternative View

Video: How One Of The Largest Bitcoin Farms In The World Works - Alternative View

Video: How One Of The Largest Bitcoin Farms In The World Works - Alternative View
Video: Top 5 Largest BITCOIN MINES on Earth 2024, July
Anonim

Bitcoin died, then it was resurrected and died again. Now it is in an incomprehensible state, but the bitcoin farms are not stopped just in case.

In the Inner Mongolia Autonomous Region of China, there is the SanShangLiang Industrial Park. It houses one of the largest bitcoin farms in the world, owned by Bitmain, which develops mining equipment.

China is the leader in mining. Half of the mining pools are located in the Middle Kingdom with its cheap labor and cheap electricity generated by coal-fired power plants.

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The daily electricity bill can reach $ 39,000. Based on the current bitcoin rate, miners around the world are mining about $ 7 million per day. The larger the farm, the more chances you have to earn.

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Promotional video:

The Bitmain farm of eight one-story buildings employs 50 people and houses 25,000 mining devices. In seven hangars, bitcoins are mined, in the eighth (4000 cars) - litecoins.

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Employees live in a three-story office nearby. There they have a hostel and a dining room. Employees monitor the condition of devices and analyze the problems of those that have failed. There is a lot of dust around, and therefore sometimes devices overheat and break. They are being repaired by six trained craftsmen.