VICE Explores a Bitcoin Mine in China

An in-depth exploration of a bitcoin mine in Dalian, a major city in the north-east of mainland China, has actually been released by VICE’s technology title Motherboard.

The center is called the No. 1 Bitcoin Mine. It contains 3,000 miners and costs $ 80,000 a month for 1,250 kW of electricity to keep them running, according to the movie. It’s situated in the Changcheng location, in the waterfront Lushunkou district.

The mine appears to be cooled by huge industrial fans installed on the walls of the building. According to Motherboard, a “persistent, deafening buzz” emanates from the fans in the hot summer season, where temperature levels strike 27 degrees celsius.Continue reading at CoinDesk CoinDesk

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