Inside a Secret Chinese Bitcoin Mine

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=K8kua5B5K3I

In 2014, before Ethereum and altcoin mania, before ICOs and concerns about Tether and Facebook's Libra, Motherboard gained access to a massive and 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 were profiting big time. • The mine we visited was 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 as of 2015. Since then, the cryptocurrency mining world has become even more extreme. • Subscribe to MOTHERBOARD: http://bit.ly/Subscribe-To-MOTHERBOARD • Follow MOTHERBOARD • Facebook: / motherboardtv • Twitter: / motherboard • Tumblr: / motherboardtv • Instagram: / motherboardtv • More videos from the VICE network: https://www.fb.com/vicevideos

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