Inside BitFury's 20 Megawatt Bitcoin Mine

Posted by ryuzaki0 on Friday August 1, 2014 @05:22AM from the fools-and-their-megawatts dept.

1sockchuck (826398) writes Bitcoin hardware vendor BitFury has opened a 20-megawatt data center to expand its cloud mining operations. The hashing center in the Republic of Georgia is filled with long rows of racks packed with specialized Bitcoin mining rigs powered by ASICs. It's the latest example of the Bitcoin industry's development of high-density, low-budget mining facilities optimized for rapid changes in hardware and economics. It also illustrates how ASIC makers are now expanding their focus from retail sales to their in-house operations as Bitcoin mining becomes industrialized.

2 of 195 comments (clear)

Min score:

Reason:

Sort:

Re:Good Thing by jones_supa · 2014-08-01 06:25 · Score: 3, Informative

Are you aware of the scientific papers Folding has published?
Re:20 megawatts by ncc74656 · 2014-08-01 06:32 · Score: 3, Informative

but this is the perfect example of american greed the most pure and wasteful greed i have ever seen.

If you'd taken ten seconds to click over to TFA, you would've learned it's in this Georgia, not this Georgia, you America-bashing twat.

--
20 January 2017: the End of an Error.