In these two videos, you will discover two massive and secretive Bitcoin mining farms. The first one is located in China and the second one is located in Iceland.
A mining farm is an infrastructure that keeps the digital currency’s decentralized network up and running, miners use special software to solve mathematical problems and are issued a certain number of bitcoins in exchange. This provides a smart way to issue the currency and also creates an incentive for more people to mine. As you can see in these videos, the miners are making a lot of profits by earning Bitcoins in reward for their proof-of-work. For example the chinese mining farm takes part an important mining operation in the Bitcoin network and generates about 4,050 Bitcoin per month, which is equivalent to $11 million per month.
Enjoy the show !