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Inside the Chinese Bitcoin Mine That's Making $1.5M a Month

http://motherboard.vice.com/read/chinas-biggest-secret-bitcoin-mine

by stupandaus • 11 years ago

7 2 11 years ago

MO

motherboard.vice.com

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2

ceallen• 11 years ago

Why use the profits from October in the headline of an article published in February? The cost of bitcoins has nearly halved in the meanwhile. Hope they had a healthy profit margin before.

WizzleKake• 11 years ago

I remember reading somewhere that some Chinese miners will mine at a loss because they can purchase the equipment/energy/cooling/etc in RMB but convert the BTC into USD, circumventing the country's capital controls.

Does anyone have any more information about this?

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