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Inside the Chinese Bitcoin Mine That's Making $1.5M a Month

7 pointsby stupandausover 10 years ago

2 comments

ceallenover 10 years ago
Why use the profits from October in the headline of an article published in February? The cost of bitcoins has nearly halved in the meanwhile. Hope they had a healthy profit margin before.
WizzleKakeover 10 years ago
I remember reading somewhere that some Chinese miners will mine at a loss because they can purchase the equipment&#x2F;energy&#x2F;cooling&#x2F;etc in RMB but convert the BTC into USD, circumventing the country&#x27;s capital controls.<p>Does anyone have any more information about this?