Bitcoin miner image

Fifty Bitmain staff, many of them local to Ordos, watch over eight buildings crammed with 25, machines that are cranking through calculations 24 hours a day.

One of the buildings is devoted to mining litecoin, an ascendant cryptocurrency. The staff live on-site in a building with a dormitory, offices, a canteen, and a repair center.

For recreation, they play basketball on an unfinished cement court. Bitcoin mining consumes enormous amounts of electricity, which is why miners seek out locations that offer cheap energy. Bitmain acquired it in Despite the costs, bitcoin mining remains a lucrative industry.

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The more processing power a mining operation controls, the higher its chances of winning a chunk of those millions. Correction Aug. A previous version of this story incorrectly said it was in the east. By providing your email, you agree to the Quartz Privacy Policy. Skip to navigation Skip to content. Log in.

Bitcoin Stock Photos and Images

Sign up. Bitcoin Mining. Collection by Data Center Frontier. Last updated 4 years ago.

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A Data Tank bitcoin mining enclosure from Allied Control. Digital Drills: The Monster Machines tha Inside one of the largest Bitcoin mines in the world! That's a lot of wiring together

Bitcoin miner image
Bitcoin miner image
Bitcoin miner image
Bitcoin miner image
Bitcoin miner image
Bitcoin miner image