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Author Topic: Photos: Life inside of China’s massive and remote bitcoin mines  (Read 1895 times)
AiWanChu
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July 15, 2017, 05:43:23 AM
 #41

looks like their mines are suffering from water flood. Maybe invest in a water pump  Grin
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July 15, 2017, 10:04:31 PM
Last edit: July 16, 2017, 05:37:52 PM by wxa7115
 #42

I wonder if those employees are being paid in bitcoin with their salaries. Given the hazards of working at such an environment, they should at least be getting some incentives to cover for the maintenance work they have to attend to, plus being far away from their families.
Probably not, the conditions in China when it comes to your workplace are not the best, I have my doubts they even know what they are doing at all, that way by keeping them ignorant about the purpose of the operation then you can avoid paying them in bitcoins.

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Celsiuss
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July 15, 2017, 10:10:05 PM
 #43

I mean, I'd sure be happy to work there for as long as it's profitable. Most of the day you're probably just chilling and monitoring the systems, fixing things if they break and so on.

who cares
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July 17, 2017, 06:56:09 AM
 #44

I also think being situated in between those mountains will decrease their exposure to direct sunlight during the day. < for longer periods > This will lead to cooler temperatures and less expenses on electricity to run fans or Air-conditioning. This will decrease their operating cost and increase their profits.

Location is very important, when you have to decide on the placement of these farms. ^smile^ 

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haroldtee
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July 17, 2017, 07:13:29 AM
 #45

Until now, I don't understand why the Chinese are more interested in bitcoin then other people. We need to see more of these mining farms around the world or It will be just a matter of time until we see centralization If we could call it that way. (This is valid for exchanges as well)
I think this people can see deeper into technology more than some of us can. It is a good one and I really hope something like this can be seen globally like you said. But man! That's huge but that location though!
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July 17, 2017, 07:22:20 AM
 #46

I haven't read the entire article, but the photos show a lot of mining rigs. What kind of machines are they? And approx. how many BTC they might be mining each day?
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July 17, 2017, 07:38:22 PM
 #47

I would like to know how much hash power they are generating as i could not see anything about that in the article.I really feel sad for the workers as it says that they have to hitch hike more than twenty kilometers to reach the nearest town which is cruel,since the labor and electricity is cheap we are seeing more farms from China.

Exactly, I wish they could disclose the effective hashing power of the mine for us to learn. It's interesting the Chinese are keenly interested in Bitcoin mining and the article has been very revealing.
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July 17, 2017, 07:48:18 PM
 #48

Yeah interesting pictures from China. These people are always cooperative within each other and make a good example out if them. No offence but that makes them very strong when creating a new technology or producing goods from something. The set up seems to be perfectly arranged right in front of hydro power. But I want to ask one question are they really harnessing that power with full efficiency? I mean the miners I'm talking about. Though it's hydro power but what dies it make them to build the mine so close to hydro generator. For sure they won't be giving it free.

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July 18, 2017, 08:35:08 AM
 #49

That's awesome rig out in the China. They must be pulling out heavy electricity from that hydro electric power generator. They must have made big plans before setting up this rig. It is such profit to them by using that renewable energy source and that too with short distance.




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July 18, 2017, 08:51:34 AM
 #50

Just noticed that the facility is located at the  Ngawa Tibetan and Qiang Autonomous Prefecture. Why they chose this remote location?

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