Chinese Bitcoin mining farms destroyed in flood

posted 26 days ago
At least 3 Bitcoin mining farms have been flooded in Sichuan, China’s remote region known as "the Bitcoin mining capital of the world."

Cheap electricity during rainy season, due to abundant hydropower, has made the area very attractive for miners, but for the last 3 days, relentless heavy storms have occurred, leading to a dangerous flood from the overflowing river.
Tags: blockchain, bitcoin, news