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China's Underground Bitcoin Miners

• aspenmayer 5y ago
  > Ben has spread his mining equipment across multiple sites so that no one operation stands out on the country’s electrical grid. He has also gone “behind the meter,” drawing electricity directly from small, local power sources that are not connected to the larger grid, such as dams. He’s taken steps to conceal his geographic digital footprint, as well. > Ben tells CNBC that he is used to “getting around things” when it comes to running a business in China, but the last six months have really raised the stakes. > “We never know to what extent our government will try to crack down…to wipe us out,” Ben said. The floating population and Hukou system are repeating themselves all over again. https://en.wikipedia.org/wiki/Hukou https://en.wikipedia.org/wiki/Hukou