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IPFS News Link • Bitcoin

My Life Inside a Remote Chinese Bitcoin Mine

• http://www.coindesk.com, Eric Mu

For me however, being face-to-face with nature, plus the chance to witness some sort of modern alchemy, holds irresistible appeal.

When the chance came, I didn't hesitate. A four-hour flight and eight-hour drive later, long after I lost count of the tunnels and bridges I passed, I arrived in HaoBTC's multi-petahash bitcoin farm, nestled in the mountains.

The view wouldn't look out of place in a James Bond movie. The only link to the outside world is a road 150 meters away. When a mild earthquake struck the region last year, this link was severed and the workers of the nearby power station ate potatoes for weeks before deliverance arrived.

The native population is Tibetan, and Yi villagers live in relatively primitive conditions by the prevailing standard. When the government offered millions of yuan each to evict a nearby village to build a dam, the story goes that the villagers, who probably had no notion of a number that large, refused categorically.

But money is coming, in a way many wouldn't expect.


Home Grown Food