Saturday, January 20, 2018
Home The Bitcoin News Video: Explore 360° of a Secret Chinese Bitcoin Mine

Video: Explore 360° of a Secret Chinese Bitcoin Mine

 A secretive bitcoin mining operation in China. $8 million in mining revenue every year and a 360° view of the secretive facility.

Chandler Guo is a Chinese bitcoin entrepreneur and owner of Bitbank, a secretive Chinese mining operation far removed from the control of the Chinese government who haven’t taken a clear stance on the cryptocurrency yet.

Guo comes from a farming family and it is perhaps apt that he is now running a bitcoin farm in an age of virtual currencies. After making his riches from a beef farm, Guo saw potential bitcoin before investing in the equipment required to mine the cryptocurrency.

The following is a 360° video, courtesy of Brit Lab, which sees Guo taking a stroll through his mining facility, tucked away high up between the mountains.

The comprehensive operation with thousands of mining rigs makes for a wiring nightmare, as the video shows. An industrial fan sits between the aisles of rigs, fanning them with cool air or pulling out the heat in a location so high up in the mountains where the air is thin and humans need cans of oxygen to breathe.

The location, presumably, remains a secret.

Image from BBC.

mm

TheBitcoinNews.com – leading Bitcoin News source since 2012

Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. The information does not constitute investment advice or an offer to invest.

Read previous post:
Ethereum Price Technical Analysis – Annoying Range Moves

Key Highlights Ethereum price continued to trade in a range vs the US Dollar and annoyed many traders with no...

Close