biggest BitCoin mining farm in Hong Kong (photos) - GoFuckYourself.com

Elite Profit · 11-26-2013, 12:58 PM

Seems on of the biggest BitCoin minig farm at HongKong. Construction of this farm began in August 2013, the mining operations started only in October.

Evil Chris · 11-26-2013, 12:59 PM

If it's in China, it must be a "knockoff" BitCoin mining farm.

Elite Profit · 11-26-2013, 01:00 PM

This is just one of the farms owned by the company (ASICMiner)

_Richard_ · 11-26-2013, 01:02 PM

Quote:

Originally Posted by Elite Profit

This is just one of the farms owned by the company (ASICMiner)

has china released it's own version yet?

dyna mo · 11-26-2013, 01:02 PM

they've got a long way to go and a short time to get there.

cashcows · 11-26-2013, 01:33 PM

Interesting. I wonder how profitable it is. I heard in the U.S. the cost eat up most of the profit.

nexcom28 · 11-26-2013, 02:06 PM

Everything is cheaper in China. I can buy a knock off item at a quarter of the price as here. It will come with free delivery.

Just the postage and packaging costs here would cost more than they charge for the whole damn thing.

That place is likely to get hacked anyway.

AllAboutCams · 11-26-2013, 02:40 PM

Quote:

Originally Posted by nexcom28

That place is likely to get hacked anyway.

Not very likely

TumblrPRO · 11-26-2013, 03:22 PM

I want to see what they do with all that equipment, when the whole BitCoin Scheme comes down and the bubble ends.

It's always impressive seeing so much people investing so much time and money in something that will come down soon or late. It's impressive to see them so convinced that they are building something safe and secure. I can't understand it. But we have seen things like these over and over in the last 50 years. Heck, even in the last few hundred years, just check the tulipomania.

Just sayin...

adastra80 · 11-26-2013, 03:24 PM

How exactly will they make money farming bitcoins?

Chris · 11-26-2013, 03:27 PM

Quote:

Originally Posted by TumblrPRO

I want to see what they do with all that equipment, when the whole BitCoin Scheme comes down and the bubble ends.

It's always impressive seeing so much people investing so much time and money in something that will come down soon or late. It's impressive to see them so convinced that they are building something safe and secure. I can't understand it. But we have seen things like these over and over in the last 50 years. Heck, even in the last few hundred years, just check the tulipomania.

Just sayin...

They will just move to the next crypto-craze. Bitcoin has produced tons of spinoff digital currencys that require cpu/gpu power to generate. If for whatever reason bitcoin crashes and is a nothing-burger there will be enough interest (and people invested in hardware) to make one of the other currencies out there valuable.

dyna mo · 11-26-2013, 03:43 PM

Quote:

Originally Posted by TumblrPRO

I want to see what they do with all that equipment, when the whole BitCoin Scheme comes down and the bubble ends.

It's always impressive seeing so much people investing so much time and money in something that will come down soon or late. It's impressive to see them so convinced that they are building something safe and secure. I can't understand it. But we have seen things like these over and over in the last 50 years. Heck, even in the last few hundred years, just check the tulipomania.

Just sayin...

they know what they're doing. 99% of all bitcoins will be mined in ~3 more years. if i know that, they know that and launched anyhoo. impressive business model too, they sold shares and then closed that up.

but they are launching late, the difficulty to mine is growing exponentially and their farms aren't all that super duper

What you are looking at according the asicminer's announcement pic of 95 ASIC’s. capable of 30 GHash/s.

It has to be said though 30 GHash/s is not going to be making much of a dent in the current 30,000 GHash/s capability of the bitcoin network as a whole

xNetworx · 11-26-2013, 03:48 PM

X_X_ROB_X_X · 11-27-2013, 12:34 AM

Quote:

Originally Posted by CamBoss

freecartoonporn · 11-27-2013, 02:24 AM

wtf, are you kidding me?., so much fucking investment for what ?
a digital currency whose value can go down, anytime .

Chosen · 11-27-2013, 03:10 AM

Quote:

Originally Posted by CamBoss

Wilbo · 11-27-2013, 04:22 AM

Those Chinese Bitcoins will fall apart after just a few transactions, just like the Chinese sander I got from Walmart.

Glowin · 11-27-2013, 04:43 AM

Take care, the Chinese mama is comming

seeandsee · 11-27-2013, 07:29 AM

I just want to know for what they are using BC calculations... Probably some big scheme going on in behind of that shit...

freecartoonporn · 11-27-2013, 11:52 AM

Quote:

Originally Posted by seeandsee

I just want to know for what they are using BC calculations... Probably some big scheme going on in behind of that shit...

indeed. they say its not worth for mining with any hardware and yet they build mining farms.
maybe its not worth much right now but when it hits 2k/10k per BTC then ?

mineistaken · 11-27-2013, 12:15 PM

Quote:

Originally Posted by freecartoonporn

wtf, are you kidding me?., so much fucking investment for what ?
a digital currency whose value can go down, anytime .

Not too surprising. People gamble (I am talking about actual gambling) all the time. This one has better chances to succeed than gambling.

Scott McD · 11-27-2013, 12:33 PM

Quote:

Originally Posted by CamBoss

I think that's one of the first images i ever saw on GFY...

Elli · 11-27-2013, 12:41 PM

Quote:

Originally Posted by Scott McD

I think that's one of the first images i ever saw on GFY...

Why does the bunny make me think of BoneProne?

JFK · 11-27-2013, 02:23 PM

Quote:

Originally Posted by Elli

Why does the bunny make me think of BoneProne?

I wonder

RyuLion · 11-27-2013, 02:51 PM

Quote:

Originally Posted by CamBoss

OneStopAdultShop · 11-27-2013, 10:14 PM

They are probably mining the cheap knock-off LiteCoin.

freecartoonporn · 11-27-2013, 10:49 PM

Quote:

Originally Posted by mineistaken

Not too surprising. People gamble (I am talking about actual gambling) all the time. This one has better chances to succeed than gambling.

on one thought, you are correct. and i am shopping for asic miner.

Elite Profit · 11-28-2013, 11:52 PM

Quote:

Originally Posted by TumblrPRO

I want to see what they do with all that equipment, when the whole BitCoin Scheme comes down and the bubble ends.

maybe they will farm LiteCoin & Co ? No?

bluetomatoe · 11-29-2013, 09:08 AM

WTF...? I'm too old for this shit. They're doing what in China??

Deputy Chief Command · 11-29-2013, 10:01 AM

china is not hong kong though ..

Hong Kong is more like Signapore, can't compare mainland china with hong kong, is like going to a different country

11-26-2013, 12:58 PM	#1
Elite Profit Confirmed User Join Date: May 2007 Posts: 134	biggest BitCoin mining farm in Hong Kong (photos) Seems on of the biggest BitCoin minig farm at HongKong. Construction of this farm began in August 2013, the mining operations started only in October. __________________ Elite Profit - affiliate program present: Glamour Flower - nude teens in sexy stockings and lingerie + other sites

11-26-2013, 12:59 PM	#2
Evil Chris OG Industry Role: Join Date: Dec 2001 Location: 3rd from the Sun Posts: 13,235	If it's in China, it must be a "knockoff" BitCoin mining farm. __________________ It PAYZE to post on GFY chris at payze.com \| Skype chriswrp

11-26-2013, 01:00 PM	#3
Elite Profit Confirmed User Join Date: May 2007 Posts: 134	This is just one of the farms owned by the company (ASICMiner) __________________ Elite Profit - affiliate program present: Glamour Flower - nude teens in sexy stockings and lingerie + other sites

11-26-2013, 01:33 PM	#6
cashcows Confirmed User Industry Role: Join Date: Jul 2003 Location: Las Vegas/L.A. Posts: 327	Interesting. I wonder how profitable it is. I heard in the U.S. the cost eat up most of the profit. __________________ PM me for custom Photoshoots or Erotic Art for your site. Click here to see Some of my work!

11-26-2013, 03:22 PM	#9
TumblrPRO So Fucking Banned Industry Role: Join Date: Aug 2013 Location: Earth Posts: 296	I want to see what they do with all that equipment, when the whole BitCoin Scheme comes down and the bubble ends. It's always impressive seeing so much people investing so much time and money in something that will come down soon or late. It's impressive to see them so convinced that they are building something safe and secure. I can't understand it. But we have seen things like these over and over in the last 50 years. Heck, even in the last few hundred years, just check the tulipomania. Just sayin... Last edited by TumblrPRO; 11-26-2013 at 03:25 PM..

11-26-2013, 01:02 PM	#5
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 65,736	they've got a long way to go and a short time to get there.

11-26-2013, 02:06 PM	#7
nexcom28 So Fucking Banned Join Date: Jan 2005 Posts: 3,716	Everything is cheaper in China. I can buy a knock off item at a quarter of the price as here. It will come with free delivery. Just the postage and packaging costs here would cost more than they charge for the whole damn thing. That place is likely to get hacked anyway.

11-26-2013, 03:24 PM	#10
adastra80 Confirmed User Industry Role: Join Date: Oct 2013 Location: Pimpsville Posts: 101	How exactly will they make money farming bitcoins? __________________ Everyone loves the pussy (and hey, cock too): https://www.cummerbond.com/

11-26-2013, 03:48 PM	#13
xNetworx So Fucking What Industry Role: Join Date: Jan 2004 Location: Whore Island Posts: 14,445

11-27-2013, 02:24 AM	#15
freecartoonporn Confirmed User Industry Role: Join Date: Jan 2012 Location: NC Posts: 7,683	wtf, are you kidding me?., so much fucking investment for what ? a digital currency whose value can go down, anytime . __________________ SSD Cloud Server, VPS Server, Simple Cloud Hosting \| DigitalOcean

11-27-2013, 04:22 AM	#17
Wilbo Confirmed User Join Date: Mar 2001 Location: Baltimore Posts: 2,082	Those Chinese Bitcoins will fall apart after just a few transactions, just like the Chinese sander I got from Walmart.

11-27-2013, 04:43 AM	#18
Glowin Registered User Industry Role: Join Date: Apr 2013 Location: Harbin Posts: 8	Take care, the Chinese mama is comming

11-27-2013, 07:29 AM	#19
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	I just want to know for what they are using BC calculations... Probably some big scheme going on in behind of that shit... __________________ BUY MY SIG - 50$/Year Contact here

11-27-2013, 10:14 PM	#26
OneStopAdultShop Registered User Industry Role: Join Date: Jun 2013 Posts: 8	They are probably mining the cheap knock-off LiteCoin. __________________ OneStopAdultShop

11-29-2013, 09:08 AM	#29
bluetomatoe Registered User Industry Role: Join Date: Sep 2013 Posts: 28	WTF...? I'm too old for this shit. They're doing what in China??

11-29-2013, 10:01 AM	#30
Deputy Chief Command Deputy Chief Command Industry Role: Join Date: Nov 2005 Posts: 4,482	china is not hong kong though .. Hong Kong is more like Signapore, can't compare mainland china with hong kong, is like going to a different country __________________