Industrial scale crypto mining involves using specialized computer hardware in large facilities to process cryptocurrency transactions and earn new coins. It requires significant upfront investment in equipment from companies like Bitmain, access to cheap land and electricity, and cooling systems to manage the large amounts of heat generated. Successful operations also employ strategies like joining mining pools to maximize their share of block rewards and manage risks in the highly volatile cryptocurrency market.

1. Industrial scale crypto
mining

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Nick Papirniy

4. How it works?

5. Where money comes from?

6. «Home» mining

7. Industrial scale mining
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8. Hardware

9. Bitmain made 3 – 4 billion USD in 2017
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Electricity

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Land acquisition
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12. Facility

13. HVAC
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14. Risks
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15. Mining tactics

16. Coins strategy
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17. Mining pools
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