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In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune


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In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune

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  #1 (permalink)
 SMCJB 
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New York Times
In China’s Hinterlands, Workers Mine Bitcoin for a Digital Fortune
One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk.


These eight factory buildings with blue-tin roofs account for nearly one-twentieth of the world’s daily production of the cryptocurrency. Based on today’s prices, it issues $318,000 in digital currency a day.

...

Bitcoin is also, by and large, made in China. The country makes more than two-thirds of all Bitcoin issued daily.


https://www.nytimes.com/2017/09/13/business/bitcoin-mine-china.html

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  #2 (permalink)
AgentSmith12
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nice

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  #3 (permalink)
 scarell 
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oh, exellent! And they make the appearance that Chine wouldn't take part in this...what for they deceive, I do't understand...cryptocurrancy is our future anyway...

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 choke35 
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scarell View Post
oh, exellent! And they make the appearance that Chine wouldn't take part in this...what for they deceive, I do't understand...cryptocurrancy is our future anyway...

fyi just a cross-reference:

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Pedro40
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Are there other countries with large deposits of bitcoin like China?

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  #6 (permalink)
 choke35 
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Pedro40 View Post
Are there other countries with large deposits of bitcoin like China?

e.g.: https://www.cnbc.com/2017/09/13/bitcoin-mining-a-new-way-for-north-korea-to-generate-funds-for-the-regime.html

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