Topic: Chinese taking over.... (Read 1857 times)
Why is it "secret"? Click bait title on that video?
haven't the chinese owned a large portion of the network for over a year? i remember seeing one video about a mine in china where all the miners were setup alredy hashing, and the warehouse they were in hadn't even been finished yet. seems like it's sort of taking away from the idea of decentralization that bitcoin is all about. but i guess, the introduction of asics was when decentralization started to become a problem with the network.
How much they are paying for electricity or not paying at all ?
Cheap electricity, cheap labor, and they're #1 producer. Thats why they can afford to build mining farms
Electricity is not as cheap as you expected, but the rest is cheap.
well I think its cheaper than the other countries.
We're paying $27/month for our electricity and its just a normal household..
How much they are paying for electricity or not paying at all ?
Cheap electricity, cheap labor, and they're #1 producer. Thats why they can afford to build mining farms
Electricity is not as cheap as you expected, but the rest is cheap.
How much they are paying for electricity or not paying at all ?
Cheap electricity, cheap labor, and they're #1 producer. Thats why they can afford to build mining farms
How much they are paying for electricity or not paying at all ?
Yup,they cloned a ton of them. They are the copycat king..
Previously covered in the news section: https://bitcointalksearch.org/topic/2015-02-06-video-life-inside-a-secret-chinese-bitcoin-mine-947911
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