Life Inside a Secret Chinese Bitcoin Mine (Trailer)

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Watch now on MOTHERBOARD: http://bit.ly/Bitcoin-Mining
In October of last year Motherboard gained access to a massive, secretive Bitcoin mine housed within a repurposed factory in the Liaoning Province in rural northeast China.

This is the infrastructure that keeps the digital currency’s decentralized network up and running, and its operators are profiting big time.

The mine we visited is just one of six sites owned by a secretive group of four people, part of a colossal mining operation that, as of our visit, cumulatively generated 4,050 bitcoins a month, equivalent to a monthly gross of .5 million.

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20 COMMENTS

  1. I'm completely lost, can someone answer these questions?

    1. How do you mine something that doesn't exist?

    2. Who's giving you the bit coin when you mine it?

    3. Why does it seem like your creating nothing into a currency?

  2. Each of those metal "boxes" they are throwing away /salvaging parts at the end,will do 1 or 2 THs-"Terraminer" will do 1TH and "Cointerra" will do 2THs.I think they start about 5k$  on Ebay…..Lets you know the competition you have out  there……….watch?v=K8kua5B5K3I&spfreload=10

  3. Bitcoin is fake money. Several servers have already went down and people lost all their fake money. Gold has value and can't be taken away by a computer hacker or corrupt banking system.

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