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| From | Adrian Caspersz <email@here.invalid> |
|---|---|
| Newsgroups | comp.misc |
| Subject | Re: Bitcoin mining in China’s Tibetan highlands |
| Date | 2016-09-13 17:47 +0100 |
| Organization | Keep Usenet Newsgroups Alive!! |
| Message-ID | <e3qotvFf526U1@mid.individual.net> (permalink) |
| References | <nr8lo0$p75$1@solani.org> |
On 13/09/16 11:51, RS Wood wrote: > In China’s Tibetan highlands, the bizarre world of bitcoin mining > finds a new home > http://wapo.st/2cIAdYV > > > > Across Tibet, China is busy pulling mineral resources out of the > ground; there is even a gold mine close by. But here in Kongyu, > most of the mining is virtual. It is here because of extremely > cheap hydropower, cheap wages — and perhaps because Chinese > entrepreneurs have a knack for the business. > > For a while, bitcoin was effectively kidnapped by drug dealers, > becoming the anonymous payment backbone of the Silk Road, a black > market in illegal drugs that flourished on the dark Net — until > the FBI closed that market down in 2013. > > Today it is an industry that is starting to come of age, but whose > center of gravity has shifted to China, and away from utopian > dreamers toward venture capitalists. > Search for "chinese bitcoin farm" on youTube. Thousands of videos of electrons going to waste... -- Adrian C
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Bitcoin mining in China’s Tibetan highlands RS Wood <rsw@therandymon.com> - 2016-09-13 06:51 -0400
Re: Bitcoin mining in China’s Tibetan highlands Adrian Caspersz <email@here.invalid> - 2016-09-13 17:47 +0100
Re: Bitcoin mining in China’s Tibetan highlands Michael Black <et472@ncf.ca> - 2016-09-13 14:43 -0400
Re: Bitcoin mining in China’s Tibetan highlands "Tim Hueber" <no.spam@mail.com> - 2016-10-24 21:06 -0500
Re: Bitcoin mining in China’s Tibetan highlands Sylvia Else <sylvia@not.at.this.address> - 2016-10-27 11:51 +1100
Re: Bitcoin mining in China’s Tibetan highlands Marko Rauhamaa <marko@pacujo.net> - 2016-10-27 09:13 +0300
Re: Bitcoin mining in China’s Tibetan highlands Sylvia Else <sylvia@not.at.this.address> - 2016-10-27 23:35 +1100
Re: Bitcoin mining in China’s Tibetan highlands Marko Rauhamaa <marko@pacujo.net> - 2016-10-27 16:13 +0300
Re: Bitcoin mining in China’s Tibetan highlands Michael Black <et472@ncf.ca> - 2016-10-27 15:47 -0400
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