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.

1 of 195 comments (clear)

Min score:

Reason:

Sort:

Re:20 megawatts by Gothmolly · 2014-08-01 07:14 · Score: 0, Troll

They're not wasting, they're buying power. Also, whether or not the town is small is irrelevant, unless you're trolling.

--
I want to delete my account but Slashdot doesn't allow it.