Eastern Washington had cheap power and tons of space. Then the suitcases of cash started arriving.
David Carlson: The Bitcoin Pioneer | Carlson, a former software engineer, is often credited with starting the basin’s bitcoin boom when he built one of the world’s first large-scale mines in an old furniture store in Wenatchee.
“We’re where the blockchain goes from that virtual concept to something that’s real in the world, something that somebody had to build and is actually running,” he says.
Mega-Mining-Project
Here, Carlson stands in front of his latest mining endeavor, a mega-project made up of 24 prefabricated mining “pods.” A marvel at that, took advantage of the cheap cost of power and built multiple mining machines.
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This is amazing, mining heats up the homes and its cheap electricity a win-win to all
you don't have to spend all that much, to earn a profit if there is cheap power around spending around 10K on parts and GPUS will earn you a good income here.
Read the full story here: https://www.politico.com/magazine/story/2018/03/09/bitcoin-mining-energy-prices-smalltown-feature-217230
How do we get cheep electricity ??
Wow I never heard his voice thank you
just got into the whole bitcoin and altcoin movement. its full of ups and downs but it has been good to me so far. im thinking of mining bitcoin would love to hear what else you have to say on this matter. congrats on the article and keep them coming
This post has received gratitude of 14.85% from @appreciator courtesy of @chronocrypto!
How does it work?Hashing24 is the easiest and easiest way to mine new bitcoins.Bitcoin is a new era of cryptocurrency and its value has grown tremendously over the last few years. There has never been a better time to join the multibillion dollar industry.
These miners paying cheaper electricity is definitely the one on the lead. I hope they don't abuse it.
This reminds me of those new mining home space heaters. Awesome idea. Wish I would have thought of it. I live in western Washington and our electricity is really high.