Inside Hong Kong’s largest Bitcoin maker
One of the largest Bitcoin mines (centers) in Asia near Hong Kong port.
The house contains hundreds of specialized integrated circuits (ASICs) dedicated to mining (creating) Bitcoin, the virtual currency that is taking the market by storm.
One of the largest Bitcoin mines (centers) in Asia near Hong Kong port.
The house contains hundreds of specialized integrated circuits (ASICs) dedicated to mining (creating) Bitcoin, the virtual currency that is taking the market by storm.
Bitcoin was born in 2009 by a character named Satoshi Nakamoto but no one knows his real name.
Chinese investors were early to follow this trend, partly because traditional investment methods are still limited.
Bitcoin was born in 2009 by a character named Satoshi Nakamoto but no one knows his real name.
Chinese investors were early to follow this trend, partly because traditional investment methods are still limited.
Users can buy or transfer Bitcoin via mobile or desktop applications.
Currently, a person can mine up to 25 coins every 10 minutes if using a huge amount of centralized computers for the algorithm.
Users can buy or transfer Bitcoin via mobile or desktop applications.
Currently, a person can mine up to 25 coins every 10 minutes if using a huge amount of centralized computers for the algorithm.
The money was generated in Hong Kong to serve Chinese clients of a group called Allied Control (AC).
Usually heat tanks and fans are used to combat the heat generated by the operation of computer chips.
The type of microprocessor used in the computer here is made specifically for the task of creating Bitcoin, has no other functions and is the most modern type.
The money was generated in Hong Kong to serve Chinese clients of a group called Allied Control (AC).
Usually heat tanks and fans are used to combat the heat generated by the operation of computer chips.
The type of microprocessor used in the computer here is made specifically for the task of creating Bitcoin, has no other functions and is the most modern type.
Thanks to new heat dissipation technology, AC can place more chips in the same area, helping to save money on location rental.
Thanks to new heat dissipation technology, AC can place more chips in the same area, helping to save money on location rental.
Currently, governments around the world are starting to worry about missed taxes and ineffective control over virtual currencies like Bitcoin.
Currently, Bitcoin mining is still profitable and Germany is the first country in the world to acknowledge the existence of this currency.
Currently, governments around the world are starting to worry about missed taxes and ineffective control over virtual currencies like Bitcoin.
Currently, Bitcoin mining is still profitable and Germany is the first country in the world to acknowledge the existence of this currency.
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