RATE Group | Bitcoin mining mega farm burns down in China, destroying $10m of cryptocurrency machines
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Bitcoin mining mega farm burns down in China, destroying $10m of cryptocurrency machines

01 Oct Bitcoin mining mega farm burns down in China, destroying $10m of cryptocurrency machines

Posted at 23:10h in Cryptocurrency News by

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A fire at a major bitcoin mining farm in China has destroyed millions of dollars worth of equipment, according to reports.

The incident took place on Monday at a data centre operated by Innosilicon, according to bitcoin mining expert Marshall Long, who posted pictures of the fire on social media.

Dovey Wan, a founding partner at cryptocurrency firm Primitive Ventures, estimated that the total cost of the damage…

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