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Life Inside a Secret Chinese Bitcoin Mine

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Subscribe to Motherboard Radio today! http://apple.co/1DWdc9d 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. Read more on Motherboard - http://bit.ly/Chinese-Bitcoin-Mine Up Next: The Beaver Slayers of Patagonia - http://bit.ly/Beaver-Slayers Subscribe to MOTHERBOARD: http://bit.ly/Subscribe-To-MOTHERBOARD Follow MOTHERBOARD Facebook: http://www.facebook.com/motherboardtv Twitter: http://twitter.com/motherboard Tumblr: http://motherboardtv.tumblr.com/ Instagram: http://instagram.com/motherboardtv More videos from the VICE network: https://www.fb.com/vicevideos
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Text Comments (5905)
Brigitte Jefferson (2 days ago)
In making money off crypto, there are some popular notions some of which are correct and some, highly erroneous most especially the strategy of hodling. Holding your coins in itself may not be a bad idea but the emotions behind it lately is wrong and extremely dangerous because cryptocurrencies at this stage is highly speculative, unpredictable and generally a very new concept so as a smart investor, you have to find a way to gain on your coins by day trading and making the best off it. In day trading, you a betting an asset against the other in a pair and your prediction makes profit or loses. Predictions in financial trading are not guesses in the actual sense but intelligent, researched and well back up statement of the future action. With the right set of strategy, signals and experience, you can make predictions of as high as 98% accuracy. This is not as difficult as it seems if you understand the market very well, not being emotional and know the perfect entry point and exit point. People. There are far more experienced people who can guide you so you dont lose your funds but my strongest advice is never to trade using a Robot and also not to allow an account manager trade for you. The reason is simple and it is security. You dont want to lose your coins to a bad Bot or fraudulent Account Manager. You can easily know the ropes around crypto trading by following the signals and strategies of an expert trader because with his indications to buy and sell, and you placing your trades, you will get a better and quick understanding of the markets. Someone i would highly recommend for you especially beginners is Mr Sebastain Field. There is so much you will learn from him as you work with him. He has raised a lot from beginner to expert traders with hundreds of thousand of dollars in profit to show for it. His contact details is ( *( sebastainfield @ gmail com )* )
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alien be (4 days ago)
how greedy can u be
Dv (4 days ago)
i know and understand how complicated it is but i sugest that they change the cooling system to Liquid Cooling,because sometimes air is causing to much dust in the fans
sebi344ify (6 days ago)
Those workers are living in a shitty place, while others make the massive profit. It's always the same, doesn't matter which industry it is...
Skeelo (7 days ago)
almost a million dollars a year just on the electricity bill.
Natural World (7 days ago)
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Gareth Relph (9 days ago)
I this the setup I need to stop my Android Box from buffering?
jason millan (9 days ago)
xrp is the future it takes bitcoin hours for a payment to settle while It only takes 4 seconds for xrp
Ali Zendehdel (9 days ago)
Dear friends, if you can transfer some bitcoin to my account. I have a financial problem. Thank you so much. Good luck My bitcoin wallet address 13iqXZCoMv88Q6sXtqP3RDhqswZN8x7DAu
Mackii.SWE 🇸🇪 (9 days ago)
Workers will be sleeping!? How can you sleep in that unbelievable noise 😂
Warren Mutai (9 days ago)
https://honeyminer.com/referred/5a2zu
Rian Doren (10 days ago)
Free miner BTC in mac os, 100% WD https://www.youtube.com/watch?v=rVyFvVReN5Y
Sodikin Aja (10 days ago)
Silahkan yang mau mining btc klik link disini https://btcpool.io/439959 , dijamin legit.
Jonathan L (10 days ago)
http://minebtc.io/index.php?reffid=rqWqrJU=
VoxMancer (15 days ago)
POE !!!
LuckOfLucks (15 days ago)
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Eatenribs (16 days ago)
poor slaves
Shawnallens abel (16 days ago)
received $10,000 from microfamilyhackers,wordpress,com
Khadidja Tira (16 days ago)
https://www.earnbitcoin.tv/?a=8935707
Micheal Lopez (17 days ago)
start earning from cryptocurrency today, they still need more network,was browsing you tube till I found this company vosk coin,she helped me start up now i am on my own with a lot of profit weekly
Micheal Pierce (17 days ago)
are you just a beginner in crypto mining ?? Vosk Coin TV has the best/fasteminer as for now.
Benyamin R (17 days ago)
http://yon.ir/btcarzme
finally free (18 days ago)
waste of energy and equipements
Shawn Lim (18 days ago)
not a secret anymore
Koca Metallec (20 days ago)
We all would like to see what these guys doing now :D
mcb mcbrns (20 days ago)
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Mrs Mary (22 days ago)
just confirm another paypal hack of $10,000 from microfamilyhackers,wordpress,com
Richard (26 days ago)
2:35 lol so in one year 219 000 Bitcoins, 2018-10: EUR 1234941000
Luca Toscani (27 days ago)
love this stuff, don't give a shit what the governments or ecologists say, fuck the governments
Abdul wahid (29 days ago)
0034632483720 اگر اپ دس ڈالر سے سو ڈالر روز کے کمانا چاتے ھىن تو ھم سے رابط کرىں
ERIC ROMERO (30 days ago)
Hi Ladies and Gentlemen! if you earn so much pls. Help and DONATE some of your BITCOINS at my BTC Address: 32Mr47jaZqgRkkGZhxMWKA8vN1myrBNd44
Go go go
46Genes (1 month ago)
Youtube why the fuck did you not recommend this video back in early 2015??
root9065 (1 month ago)
So this guy's driving a Mercedes on his way to show us his mining site, but his "relatively high paid" employees, sleep in a shit hole while they are at work. I bet their "relatively high" salary isn't that high, once you start digging into it.
Jane Allison (1 month ago)
hi
CreaEther Ceth (1 month ago)
Free BTC here https://discord.gg/BtBMuvt
Zarabotok v internete (1 month ago)
Here is the magic bitcoin wallet. Doubles the transferred funds. 1KkEZETiqi2tUJEJD1amxF2dCagkbBJa8Q
andy7666 (1 month ago)
It's a shame all the number crunching and problem solving done by miners couldn't be put to a better use, mapping DNA or something instead of doing random problems. I know that's not how it works, but it would be cool if it could be a happy side effect somehow.
Dan Larsen (1 month ago)
Mining DBG on my laptop. Decentralized, 5 algorithms, fast and cheap. Watch this one.
Ross McLeod (1 month ago)
"Secret" but within 2 mins he's pointing at the outside of the building with a huge grin saying it's the number 1 mine in Changcheng
MJ Marketing (1 month ago)
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alex makis (1 month ago)
nice
Jakub Wojtylo (1 month ago)
so this is tej reason that bitcoin is expensive af
Jakub Wojtylo (1 month ago)
the*
Steven (1 month ago)
7:58 ROFL is that Path of Exile? XD
ricardo morillo (1 month ago)
what to become filthy rich mining bitcoins? come to Venezuela, here we dont even pay electricity, its fucking free and everything is cheap as fuck so you'll be saving like 40% of the money you make, now that's ALOT
Bana Mara (1 month ago)
Woow
Bana Mara (1 month ago)
Cnn
Bonacci Invest (1 month ago)
Mining is not actual in 2018 lol😂😂😂 Check how we grow Bitcoins from Bitcoin 💪👌
Sam Gibby (1 month ago)
Cause of this fgt we need to pay for high prices VCards
bigu samuel (1 month ago)
https://www.coinbase.com/join/5b964853128499063bc083d2 Coinbase
Helmut Balderis (1 month ago)
very interesting project
Fly Oz (1 month ago)
Grubby bastards, no class just dirty money launderers treating staff like slaves, the obvious dark side of Cryptocurrencies. Now add in mafia, yakuza and other gangs and we have a filthy, greedy world coming down the track faster than ever before
devil356 (1 month ago)
Here is a summery to show you the scale of how much money they are currently making: If that mine was stilling generating 4050 bitcoins a month today, They would have been making $340,200,000,00 every year (before expenses). 4050 x $7000 x 12 Think about how much they would have been making at bitcoins peak price ($19,783,00). And imagine that they have SIX of these mining rigs! (Which he states at: 02:09) 4050 x 6=24300. 24300 x $7000 x 12 = $2,041,200,000,00 every year.
ricardo morillo (1 month ago)
right now they are eating pussy in the dark, filthy rich mofos
luciano trevisan (1 month ago)
https://yoursbtc.com/?r=36KjwRaQj7pD2fomMQZ4qdJxai1aReLW67
Brooks Cruickshank (1 month ago)
Beauty❗
Carolina Robel (1 month ago)
😚💜 💜 💜
TheBitCoinTube (1 month ago)
100 BTC A DAY OHHHHHHHHHHHHHHH
echelon2k8 (1 month ago)
Greed... is good?
Shahil Sha (1 month ago)
Sir Megallot (1 month ago)
The whole concept is relatively confusing... have thoudands of computers run algorithms to generate invisible money. He talks of a "reward..." for the completed algorithms... reward for what? What do the computations provide us with essentially? Are they providing scientists with valuable data? Do they serve a function in the operations of businesses? It almost doesn't seem like the ends justifies the means, but if you're making over a million dollars a month I suppose it does. I'm lost at what service the algorithmic computations provide us with though... I get that it generates money, but every other business structure in the world seems to have a definable good or service provided. What is the good or service provided by these algorithms?
Crazy Wolfgang (1 month ago)
With these computations the miners are securing the network, meaning no one can double spend their Bitcoin. To solve the double spending problem it's not an easy thing to do in decentralized systems and this is the service miners provide, protecting the network from the creations of new coins from thin air by double spending.
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Phead128 (2 months ago)
Back in 2015 (video released) it was $300 dollars for Bitcoin. Just 3 years later (Sep 2018), it is $6,319 for Bitcoin. Dude was right, holy crap.
Palanero 007 (2 months ago)
cool
Robert utley (2 months ago)
I would cash out my expenses what I had in and let the rest ride.
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MnceOnline (2 months ago)
I mine bitcoin for free Here: https://goo.gl/dY4WrF, its quick and simple.
Jean-Michel Sonn (2 months ago)
Goddammit, should have seen this few years ago.
Mic Rich (2 months ago)
https://www.oicoin.io/?r=356873
Rex Yu (2 months ago)
Find real jobs, people. Stop play some gaming money lol
ACT1O1 (1 month ago)
No one wants to work a 9-5 job these day
Youssef Youssef m (2 months ago)
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xA18kND1x (2 months ago)
So much for the government supporting it lmao
Jock Rocks (2 months ago)
lol. It's not secret now. When the commies get interested in what you're doing, they will come and take you're private keys for you're wallets and all you're efforts will nothing for you.
DarrowTv (2 months ago)
https://honeyminer.com/referred/59phi
champion one (2 months ago)
hello just wanna aware you sir one site coin xo using ur video nd scaming beaware dont invest coinxo is a big scam no payout
Tp681 (2 months ago)
3 years ago people were probably laughing at him. Now, his investment definitely paid off.
Odinigwe Chigozie (2 months ago)
how do l invest? WhatsApp +2348063277990 [email protected]
OoouuuvEdamame (2 months ago)
this makes me so mad with all them graphics cards
Earn Free Bitcoin 2018 (2 months ago)
*I EARN 1 BTC WITH GOOGLE CHROME AND WITHOUT INVESTMENT*
fo fo (2 months ago)
Get 3% off at genesis mining with this code : CsTUfc https://www.genesis-mining.com/
kre4etstail (2 months ago)
https://www.youtube.com/watch?v=LlBYhN344Lg
Tapirus Sbrabous (2 months ago)
I was very lucky to buy @7600 and sell a month later close to 18000. I cashed out for some reason and saw the price falling a week after and plummeting a month later. Very lucky. Tripled my assets.
ACT1O1 (1 month ago)
How much was your capital gain tax after all that. What was your net?
Michael Steven (2 months ago)
someone steal your video and reupload in his channel, heres the link https://youtu.be/az5X-SHKJnU
TriHard (2 months ago)
crazy to think these 4 people mined 35 million $ worth bitcoin a month... billionaires every single one
Koushik Sarcar (2 months ago)
no chineese please
Travis McCarty (2 months ago)
and today this guy has millions of dollars worth of worthless supercomputers lmao TECH TIME FLIES!!
prival fang (2 months ago)
and this is why gpu prices are so high... smh.
prival fang (2 months ago)
ASICs are like prostitutes. Shouldn't be allowed to operate at home. Loud as fcuk when operating. Costly to operate. and Judged harshly by society
Bobby Master (2 months ago)
not a secret anymore lol
Lail Guinan (2 months ago)
Start making good ca$h with EIT Method
Phillip Transue (2 months ago)
People forget that they can network with like minded people in the blockchain community. There are tons of events, and I'm hoping some of you check them out!
Robert Sigalingging (2 months ago)
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ImSofaKingGood (3 months ago)
"Secret Bitcoin Mine" *Proceed to show it and its location and its manager's identity.* Okay...
daniel rifqi (3 months ago)
the best bitcoin mining https://www.nexusmine.net/?ref=106949 free register
jmps (3 months ago)
secret place -> shows the city and road to get to the building
Trabelsi Marwen (3 months ago)
these crappy chinese faces are the new bankers
sokunbi pelumi (2 months ago)
Trabelsi Marwen Hey, I got a hacker that does a clean and fast job, she replies fast and always ready to assist, she deals mostly with bit coin mining, get in contact with her: [email protected] Messages and WhatsApp: +1(612) 440 9761 Not free but Worth's what you pay for.
Chris Daniels (3 months ago)
Why aren't they using geothermal to liquid cool these machines.
Golden Independence (3 months ago)
I guess its not a secret anymore.....
Golden Independence (3 months ago)
Wooow!
Dave Otuwa (3 months ago)
Every bitcoin mine is guarded and shouldn't be without occupancy. There must be at least a score of employees in the building at all times. Never fewer!

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