Bitcoin Mining Is Getting Out of Control

“As website Hong Wrong points out, the puzzles are getting increasingly difficult. And once 21 million Bitcoins are produced, production will cease. In the past, we’ve seen impressive digital drilling outfits—and our colleagues at Gizmodo have even noted their environmental impact. However, this set-up in Hong Kong seems to be a step above from your typical Bitcoin mining operations. Website Bitell, run by journalist Xiaogang Cao, posted photos of a Bitcoin mining outfit in Hong Kong’s Kwai Chung industrial building. According to Bitell (via Hong Wrong), the company behind this mine is called Asicminer, and it owns other mines as well.”

http://kotaku.com/bitcoin-mining-is-getting-out-of-control-1471769898/@jcondliffe

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