A Visit to a Bitcoin Mining Farm te Sichuan, China Exposes Troubles Beyond Regulation

Spil many puny and medium-sized mining gegevens centers te Sichuan, Guizhou, and Inward Mongolia are closed for the sake of “environmental protection”, the “green” ones that remain operational usually avoid media exposure. After talking with dozens of gegevens center owners, news.Bitcoin.com wasgoed granted the chance to visit a mining farm te Chengdu only to find that miners there are facing more pressing problems than regulation.

Bitcoiners Negotiated with Hydropower Stations to Set Up Mining Farms

Following a four-hour flight from Hangzhou to Chengdu and a two-hour drive from the airport to a puny village, wij eventually arrived at a hydropower station.

Electrified transmission lines are installed from the station to the blue-roofed mining factory. There are three mining gegevens centers and each has Two,500 mining machines. The operations manager Chuan told us that the electro-stimulation price has enlargened from 0.Trio yuan vanaf kwh to 0.Four vanaf kWh spil Sichuan is ter its dry season.

Wij asked how he found the place and negotiated with local officials and he replied that kicking off a mining webpagina is an investment with low thresholds.

This is actually a funny story. When wij very first met people at the hydropower station, wij told them wij were a cloud computing company, but the manager of the hydropower station laughed at us and said ‘Bullshit, I know you people came here to mine bitcoin. Just tell us what can wij get’. Spil to local government, wij don’t have to meet with any officials, the station will help coordinate. And who can get the right to set a mining factory? The rule is very elementary: very first come, very first serve.

Workers Were Fired spil They Were Caught Stealing Electric current to Mine for Themselves

The mining webpagina is packed with massive ventilatoren. When wij stepped inwards the vanwege, all of the workers turned their goes to look. Chuan leaned overheen and murmured “Excuse them, thesis boys haven’t met any visitors for a long time.”

The gegevens center looks messy and dirty on account of all its draping wires and mining equipments. Chuan said that they are shorthanded and need dedicated workers to take care of the machines.

“I fired three guys 20 days ago because I caught them stealing electric current to mine bitcoin for themselves. It is a public secret among workers. They always do this at midnight to escape attention. There is so much for thesis fresh guys to learn. I told them to close the wegens, but they have to keep the vanwege open and mess just lodges everywhere around the mining equipments.”

Miners Are Plagued with Poor Management and Cliques at Work

At the gegevens center, wij spotted two types of miners: Antminer for bitcoin, and GPU miners for ETH and Zcash. Chuan believes that Antminer is the best among Avalon and Ebit. They are ”low maintenance and energy saving”, says Chuan. The average shelf life of a miner would be two years. If anything goes wrong with machines that workers cannot fix, they just comeback them to the after-sales service. He added that he sees Ebit spil the most ongezouten competitor to Antminer.

When Chuan went to reaction nature’s call, wij had a quick talk with a worker standing by the onderbrak. He exposed himself to be a fresh graduate who found bitcoin mining “unreal” and determined to take the job. He used the word “exciting” to describe his life here. Whenever it’s lunch time, all workers will rush into the kitchen. If he acts slow, there will be no food left for him. And they all sleep ter the warehouse, with the only entertainment the chance to exchange dirty jokes with one other. He further exposed that:

There are many problems with mining farms like poor management, bad working conditions and cliques at work. Things vereiste switch if the business wants to sustain for the long-term.

Note: The mining webpagina belongs to Ryan, an early bitcoin adopter ter Australia. He possesses several mining factories ter China. This July, he wasgoed interviewed by China’s central television, only to suffer, after the program had aired, most of his Sichuan mining sites being closed. To compound his woes, he wasgoed cursed by Chinese miners for being “an idiot” and wasgoed labeled the most hated man ter the mining industry. Large-scale bitcoin mining might sound like effortless money, but spil Sichuan’s miners will attest, it’s a stress-fraught job that’s plagued with risks.

What do you think are the main threats facing bitcoin miners? Let us know te the comments section below.

Pictures courtesy of Shutterstock, and CCTV.

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