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Author Topic: [PIC] The biggest btc mine in the world is right here  (Read 68532 times)
nextblast
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February 26, 2015, 11:49:52 AM
 #1

This is probably the world's biggest BTC mine (correct me if I'm wrong). It is based in China.
BW Pool and Ant pool are located there, with more than 100,000 mining machines in the 15,000m2 area, working full performance 7x24.
















Some Photos are from http://weibo.com/u/3244140934



Yes, it is indeed shockingly big, and is still expanding its size.

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February 26, 2015, 12:57:54 PM
 #2

Wow, it sure looks impressive. China is on the way to become technology superpower no1.
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February 26, 2015, 01:05:17 PM
 #3

Holy... Shit...

Where is it located so I can break in and steal a miner or who? xD

They would never notice if a miner went down.

Only if they got alerts from them not running.

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February 26, 2015, 01:05:43 PM
 #4

How many the approximate hash power there ?

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February 26, 2015, 01:06:37 PM
 #5

China always one step forward for business in the world. They always understanding with technology develop. Wow thats so big company Cheesy
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February 26, 2015, 01:12:42 PM
 #6

Bbbbut I thought China had banned bitcoin?  Grin It would be interesting to see what their profit margins are now with the current bitcoin value. I wonder if it's more profitable to mine bitcoins or grow weed in those sorts of facilities?  Cheesy What takes more electricity? I guess the hardware for miners doesn't come cheap which likely have to be replaced continually as they break or become redundant. An operation of this size definitely seems like a risky business.

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February 26, 2015, 01:43:43 PM
 #7

Bbbbut I thought China had banned bitcoin?  Grin It would be interesting to see what their profit margins are now with the current bitcoin value. I wonder if it's more profitable to mine bitcoins or grow weed in those sorts of facilities?  Cheesy What takes more electricity? I guess the hardware for miners doesn't come cheap which likely have to be replaced continually as they break or become redundant. An operation of this size definitely seems like a risky business.

Saying China banning BTC is only FUD to lower the bitcoin fiat price.
No one is arrested for trading/mining bitcoin in China.

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February 26, 2015, 01:45:32 PM
 #8

WOW, I bet it's at a higher altitude to keep the miners cool.

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February 26, 2015, 01:49:25 PM
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Bbbbut I thought China had banned bitcoin?  Grin It would be interesting to see what their profit margins are now with the current bitcoin value. I wonder if it's more profitable to mine bitcoins or grow weed in those sorts of facilities?  Cheesy What takes more electricity? I guess the hardware for miners doesn't come cheap which likely have to be replaced continually as they break or become redundant. An operation of this size definitely seems like a risky business.

Saying China banning BTC is only FUD to lower the bitcoin fiat price.
No one is arrested for trading/mining bitcoin in China.
Yep in fact a lot more people get arrested in the West under money laundering regulations for trading.
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February 26, 2015, 01:54:05 PM
 #10

How many the approximate hash power there ?
BW.com/JUA alone is contributing above 34P.

Edited:
Was wrong about the hash power (20P), BW.com hash rate corrected to 34P, of which more than 20 is from JUA deposited coins. The rest should be from individual miners connected to the pool.


Edited again 2015-4-8
Now Bw pool has hash power >46P

KaChingCoinDev
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February 26, 2015, 01:56:07 PM
 #11

Wow...

That is what kills home miners.
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February 26, 2015, 01:56:14 PM
 #12

WOW, I bet it's at a higher altitude to keep the miners cool.

Yes it is in the Inner Mongolia province of China, where altitude is high and electricity is cheap.

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February 26, 2015, 02:01:26 PM
 #13

WOW, I bet it's at a higher altitude to keep the miners cool.

Yes it is in the Inner Mongolia province of China, where altitude is high and electricity is cheap.
So is this where my Hashnest miners are located?

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February 26, 2015, 02:08:47 PM
 #14

WOW, I bet it's at a higher altitude to keep the miners cool.

Yes it is in the Inner Mongolia province of China, where altitude is high and electricity is cheap.

Just WOW, China is now dominating the bitcoin mining world. A few years ago this was not possible.
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February 26, 2015, 02:12:17 PM
 #15

Wow, Just WOW!   Sad

This mine and several like this in China is why I can't be profitable running a single antminer at home.   Angry

It is really impressive though, guess they hit the trifecta with cheap asics, cheap electricity/cooling, and hosting/maintenance/manpower...

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February 26, 2015, 02:16:34 PM
 #16

I want to know how much their monthly electric bill is...
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February 26, 2015, 02:17:26 PM
 #17

That's massive. Big. Bigger. Biggest.  Cheesy

Wish they would allow a journalist in there for a documentary.

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February 26, 2015, 02:21:46 PM
 #18

Are internet connections no longer necessary to mine Bitcoin? Are all of those buildings filled with miners? I thought China had censored and limited internet? They would need more bandwidth than a major university. Impressive!

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February 26, 2015, 02:25:05 PM
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Are internet connections no longer necessary to mine Bitcoin? Are all of those buildings filled with miners? I thought China had censored and limited internet? They would need more bandwidth than a major university. Impressive!
It is well known that a lot of people are mining in China. It would not be difficult for a mine to connect to a pool hosted outside of china and even if the pool was located in China it would be very difficult for the government to stop all bitcoin network traffic.

The stratum protocol makes it so regardless of the size of the farm, very little bandwidth is required.
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February 26, 2015, 02:28:45 PM
 #20

So the four biggest pools are all in China, making for over 50% network hashrate.
Interesting.

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