Since the birth of bitcoin mining cryptocurrencies has become not just a multi-billion dollar business, but also in the present art!
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Creative approach to business is what has always distinguished bitcontrol worldwide, and in conditions of high competition in the market they often have to take unusual decisions.
Secret farm of Dave Carlson
In Washington state on the Pacific coast of the United States is the farm of Dave Carlson. According to his own statement, is the largest in all of North America. A software engineer and entrepreneur with a decade of experience decided to engage in mining after facing financial problems at my previous place of work?
Founded in the basement of his house the MegaBigPower company during the year has turned into a multimillion-dollar business. Today, the farm is in a separate room, in a former industrial warehouse. While its exact location is not revealed. Among the factors that contributed to the success of the business, Carlson describes as not only a desperate desire to get out of the financial hole, but that Washington can boast one of the lowest in the U.S. the price of electricity.
Expanding the enterprise, Carlson estimates its monthly operating costs, including labor, 15 people, more than $1 million Final figure of 1.3 patches, he said, pays off. Moreover, failing to attract additional investment, the entrepreneur began manufacturing mining equipment based on Bitfury chips for sale to other bitcoin enthusiasts. The case of Carlson, apparently, doing well.
Genesis Mining farm in Iceland
In the beginning of his work Genesis Mining had several farms in Bosnia and China, but today its main activity is concentrated in Iceland. This Northern country, in addition to his enraptured the whole world of the national football team, also can offer almost ideal conditions for mining: cheap electricity, good Internet connection and a cold climate. The latter is essential, because it allows to save significantly on cooling, thereby lowering the cost of mined bitcoins.
However, as acknowledged recently the CEO of Genesis Mining, Marco Streng, the company uses a very substantial amount of electricity, and perhaps is the largest consumer in Iceland.
In addition to bitcoin mining, the company recently launched the mining of Ethereum cryptocurrency, and the farm itself is codenamed Enigma, as stated, is the largest in the world.
Farm Allied Control in Hong Kong
Despite the hot and humid climate in the region is a technological company Allied Control was built the largest in Hong Kong farm, focusing on the so-called technology two-stage cooling by immersion in liquid.
The farm was built specifically for Chinese investors and is distinguished by its amazing peace of work. Initially, the mining process used in the ASIC chips, but in January 2015 Allied Control came under the control of the company BitFury. The latter produces its own chips, and, although the details of the transaction is not publicly disclosed, we can assume that intended and replace the chips.
Data center BitFury in Georgia
In December 2015, the company BitFury has opened a new mining data-center with capacity of 40 MW in Tbilisi. In the data center, located on the territory of the Free economic zone of the capital of Georgia, also uses the technology of two-stage cooling by immersion in liquid. Bitfury is a supporter of maximum environmental safety and are running from the local hydroelectric plant.
The company chose Georgia in connection with an optimal climate, the minimum regulatory requirements, low energy costs and competitive conditions. In the new data center bitcoin transactions are processed with the help of computing equipment, created on the basis of a 28 nm chip with the latest models and widely publicized 16 nm chips.
In addition, the company has another data center in Georgia, as well as mining power in Iceland.
Linthal, Switzerland
This farm-based bitcoin pioneer Guido Rudolphi from the company Alpereum, opened in April of this year. It is located in the small village of Linthal in Eastern Switzerland. In the past, Rudolphi already ran a mining farm in Zurich, but considered operating costs are too high. In the end, after almost two years of searching, Rudolphi opted for Lintal, where, according to him, the cheapest electricity in the country.
New farm, located in a former factory building, is the largest in Switzerland. Although the issue of CPU cooling is still relevant, Rudolphi insists that the possible financial benefit is not decisive. The world, he said, needs more bitcoin for political reasons. The owner of the farm compares bitcoin to the Internet of the 1990s, when this phenomenon many also looked upon with great skepticism.
China
Analysis of the leading mining pools shows that more than half of all chaseway of the network power of bitcoin is owned by three Chinese pools. Leaving aside the possible issue of concern from the community in connection with this situation, we note that for a number of reasons, China has a number of advantages when it comes to mining.
First of all, this is a relatively inexpensive labour force, and willingness of employees of farms to live in undemanding conditions, even in the backrooms. China is also known for its ability to produce almost all goods, and the mining hardware is no exception. Besides mining bitcoins often here economically favorable due to lower-than in other countries, the cost of electricity.
At the same time, due to the political climate in the country, many pooling operators often try not to advertise their activities. It leaves its mark on the appearance of data centers
Last year marketing Director HaoBTC Eric Mu spent about three months on company-owned farm in the mountainous region of Western Sichuan province. On the bitcointalk forum, he noted that thanks to cheap energy from the local hydroelectric power and inexpensive cooling systems, data center shows a high return with minimal carbon emissions. At that time, Hasrat farm was PH 4.7, and the company's plans was his increase of up to 12PH for three to four months.
In fact, the various mining farms in China are many, and they are all unique. Another example of this is the existence of large farms in secret locations in Liaoning province, which accounts for about 3% of total Hasrat of the bitcoin network.
Bitcoin Group — China / Australia
Bitcoin Group, in addition to several failed attempts to go on the Australian stock exchange, is known as one of the largest bitcoin operators in the world. The company owns five data centers in China, combining 6000 computers.
In addition, Bitcoin Group owns operating facilities in Iceland and Australia. The company attaches great importance to environmental issues and therefore, where possible, uses renewable energy sources. So, 82% of all chaseway power company in China pays for the electricity generated from hydropower stations and a data center in Iceland, which is a large number of geysers, uses geothermal energy.
In total, the share of the Bitcoin Group accounts for about 1.19% of all chaseway capacity of the network bitcoin (PH of 6.2).
It is noteworthy that in the company's head office in Melbourne is perhaps the only one of its kind Museum of bitcoin mining, which contains various devices used in mining cryptocurrencies.
This review can claim to comprehensiveness, since the number is unique and in its own amazing farm is too large.