Subscribe to Motherboard Radio today! https://apple.co/1DWdc9d
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 $1.5 million.
Read more on Motherboard – https://bit.ly/Chinese-Bitcoin-Mine
Up Next: The Beaver Slayers of Patagonia – https://bit.ly/Beaver-Slayers
Subscribe to MOTHERBOARD: https://bit.ly/Subscribe-To-MOTHERBOARD
More videos from the VICE network: https://www.fb.com/vicevideos
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!