Life Inside a Secret Chinese Bitcoin Mine (Trailer)
Watch now on MOTHERBOARD: http://bit.ly/Bitcoin-Mining In October of last year Motherboard gained access to a massive, 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 are profiting big time. The mine we visited is 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 $1.5 million. Click here to subscribe to VICE: http://bit.ly/Subscribe-to-VICE Subscribe to MOTHERBOARD: http://bit.ly/Subscribe-To-MOTHERBOARD Check out our full video catalog: http://bit.ly/VICE-Videos Videos, daily editorial and more: http://vice.com More videos from the VICE network: https://www.fb.com/vicevideos Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter: http://twitter.com/vice Read our Tumblr: http://vicemag.tumblr.com Follow us on Instagram: http://instagram.com/vice
Comments
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bit coin aint money if you acept it your destroying the american dollar.. only accept american money.. make the white race powerful again we need to keep supremicy
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Can someone explain how bitcoins work, where they come from, and how they're used.
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This is never coming out isn't it? Please just say so and delete this video so people can stop checking every day to see if you've uploaded this. It's been a month already!
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I'm completely lost, can someone answer these questions?
1. How do you mine something that doesn't exist?
2. Who's giving you the bit coin when you mine it?
3. Why does it seem like your creating nothing into a currency? -
LOLOLOL R.I.P Bitcoin 2013-2014
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so let me get this straight you pay real money for a virtual reality money that could fall thru anyday lol some people are so gullable .
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So when is this coming out already?
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Each of those metal "boxes" they are throwing away /salvaging parts at the end,will do 1 or 2 THs-
--"Terraminer" will do 1TH and "Cointerra" will do 2THs.I think they start about 5k$ on Ebay.....Lets you know the competition you have out there..........watch?v=K8kua5B5K3I&spfreload=10 -
Can someone explain to me Bitcoin and how it works. I'm so confused. I know its a currency and u can use it to buy shit.
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Brilliant idea for a mini documentary. I don't give a shit about vice's written reports but their little documentaries are some of the best the internet/world has to offer.
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these fucking ads, watch a 30 second ad to see a 50 second trailer, fuck the interview, such a shit movie
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Bitcoin is stupid.
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+VICE Could you tell us which song you used as background music in this trailer and tell us when the episodes are released?
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Throw us a bone here Vice, what's the music here?
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Bitcoin is fake money. Several servers have already went down and people lost all their fake money. Gold has value and can't be taken away by a computer hacker or corrupt banking system.
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Lel, waht's a bitcoin? LIke a digital coin? Or smthgn
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Fuck china.
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Whats the genre of music in this trailer? It sounds very cyberpunk.
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china is built on theft and copying, how long can they sustain an economy like this?
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So whats the point of the algorithms getting solved. Who wants these algorithms solved? Is there a bigger picture than bit-coin currency?
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