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Workin' in a Coin Mine
So we think we know the real identity of Satoshi Nakamoto, which is the nom de guerre (if you will) of the creator of Bitcoin. Or do we? There's so much about this cryptocurrency that is, well, cryptic. Like where it's actually generated. One of those secret places is in a town in China that is at such a high altitude that visitors need to bring their own oxygen cans along. The owner is Chandler Guo, a 30-year-old entrepreneur, and the workers are mostly male, mostly young, and mostly former farmers and new grads. They all live onsite. “All day we mine 50 bitcoins,” Guo explains. “24 hours this machine never sleeps. ... Two years ago Chinese mining was just 40% of all the
mining equipment in the world. Right now it’s already 70%.” And Guo plans to be an even bigger part of that. He is in the process of building what he says will be the largest mine in the world (story, video): http://www.bbc.com/future/story/20160504-we-looked-inside-a-secret-chinese-bitcoin-mine
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