Thursday, December 21, 2017

The hard life of bitcoin miners in Inner Mongolia

https://qz.com/1054805/what-its-like-working-at-a-sprawling-bitcoin-mine-in-inner-mongolia/

The noise—a constant drone from the small fans attached to each machine, as well as the huge fans built into the walls of the building—is loud and unceasing. Employees must wear ear mufflers to do their work.

Bitcoin miners, though they profit from the virtual world, can no more escape the materiality of their vocations than gold miners. The bitcoin mines that rely on cheap hydroelectricity must disrupt their operations in the winter, when waters ice up and there’s less precipitation. They pack up their entire operations, load them onto trucks, and, after an arduous drive, reassemble them elsewhere. That usually ends up being Inner Mongolia because of its stable source of coal-powered electricity, said Liu Tao, a Bitmain executive in charge of mining operations.

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