Bitcoin hit 1 trillion market cap this year. This has inspired some bitcoin operations to expand. The ban on mining in China has caused a mass exodus, and some mining operations are moving their facilities to the United States. We go to Rockland, Texas to a look inside the largest bitcoin mine in North America. Operated by Whinstone U.S., is this large mine one of the first of many?
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Inside the Largest Bitcoin Mine in The U.S. | WIRED
Gabriel Cortes
August 16, 2021 at 11:56 pm
A big waste of resources to reach nowhere and produce nothing.
Bella Pelletier
August 16, 2021 at 11:57 pm
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Chris McGrew
August 17, 2021 at 12:11 am
So the richest companies are sucking water out of our lakes and power out of our grids and getting richer. Nice.
damonsscreenname
August 17, 2021 at 12:11 am
I like icecream.
levitroydunn
August 17, 2021 at 12:33 am
If you can’t scale you can’t be the best. As always, the rich get richer. So, who cares about this crap, really? What a waste of your time having made this video. Useless because it has no relevance to any real boy.
Sir Derty ✓
August 17, 2021 at 12:35 am
But how much is it for banks and transfering paper to another building all day for every bank and big business?
Probably less than bitcoin?
Laine 33
August 17, 2021 at 12:36 am
Reading through this comment section is honestly hilarious. “wasting electricity”, “producing nothing”. Has anyone actually bothered to look into what blockchain technology can do?
Archibald Lancaster
August 17, 2021 at 12:37 am
So the taxpayers of Texas are subsidising the cryptocurrency companies so they can make a lot of money and are not getting any benefits like jobs to go with it
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August 17, 2021 at 12:50 am
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August 17, 2021 at 1:02 am
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James Rendek
August 17, 2021 at 12:50 am
Even modern mines suck harder than old ones. No sense of wonder here except for who’s stealing what.
patpatboy2
August 17, 2021 at 12:57 am
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Dracko The Guitarist
August 17, 2021 at 1:14 am
ASICS don’t use graphic cards. Blame everyone mining Ethereum.
悪霊退散
August 17, 2021 at 12:59 am
So you’ve got mass buyouts of hardware so people cant by GPUs to use them for what they are actually intended for, huge levels of e waste, huge levels of power consumption and big corporations that once again take control of a market and push the smaller people out. Great. At least they produce nothing of value to anybody but themselves, right?
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August 17, 2021 at 1:08 am
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August 20, 2021 at 1:19 am
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August 20, 2021 at 10:54 am
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August 20, 2021 at 12:26 pm
what about dogcoin?
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Renfro Hudbakker
August 20, 2021 at 4:32 pm
Great video. I am a long term user and supporter of BTC but I still don’t understand how one transaction takes the same amount of power as to run a household for a month. It would seem to be that it would totally cost prohibitive to run this. If you mean by one transaction, one complete block then I get it. Because I would be glad to stop sending and receiving BTC and in exchange someone just pays my electric bill every month.
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August 20, 2021 at 6:27 pm
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Robert Johnson
August 20, 2021 at 8:30 pm
The bigger the mine, the smaller the weiner.
Rommel D
August 20, 2021 at 8:55 pm
This is dumb. Thank you bitcoin for the blockchain technology. But there are much better thought out blockchain s out there faster cheaper and greener. Bitcoin is the Napster of Blockchain. If it’s using that much power now less that 2% of the world using Bitcoin. Imagine once everyone uses Bitcoin. The power it would need is just ridiculous. Not to mention the fees ( the more people use bitcoin the higher the fees and the SLOWER it goes )
Business & Finance Friends
August 20, 2021 at 10:42 pm
THANKS FOR WATCHING.
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Arpad Toth
August 21, 2021 at 3:56 pm
Thanks for killing our planet!
the 400 lbs chilean windsurfer
August 21, 2021 at 4:28 pm
SPRT is merging with a company that mines Bitcoin without the environmental impact. SPRT stock is a logical buy.
G-Vecom
August 21, 2021 at 7:06 pm
Without miner.. there will no trader , no whale and BTC price will drop
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August 21, 2021 at 10:42 pm
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August 21, 2021 at 11:53 pm
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lei garcia
August 21, 2021 at 11:53 pm
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August 22, 2021 at 1:05 am
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August 22, 2021 at 1:55 am
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August 22, 2021 at 2:42 am
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August 22, 2021 at 2:56 am
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August 22, 2021 at 3:03 am
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First Name Last Name
August 22, 2021 at 4:13 am
Just curious.. what does Bitcoin do
Kelan4 2
August 22, 2021 at 5:17 am
Is it just me or every time the market is up everybody be talking and making news about it.?
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August 22, 2021 at 7:52 am
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happy men
August 22, 2021 at 1:02 pm
I don’t understand what BitCoin owner gets for waster miners this much energy and ruining environment.
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August 22, 2021 at 1:13 pm
Polkadot!
Drink Electrolytes
August 22, 2021 at 3:46 pm
Disappointed in Wired here. They clearly haven’t done their research if they think Bitcoin is old and clunky… They don’t understand why Bitcoin uses a lot of energy on purpose, in short the more it costs to mine the more expensive it would be to hack. Ethereum not costing anything to mine is NOT better. Wired only presented half the debate here and it is shameful
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August 22, 2021 at 4:20 pm
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August 22, 2021 at 4:21 pm
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August 22, 2021 at 6:45 pm
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August 22, 2021 at 7:07 pm
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Meditation 101
August 22, 2021 at 7:47 pm
Don’t fall for this guys it’s a scam there all bots
Read my Lips
August 22, 2021 at 9:39 pm
That’s another good reason for global warming. It’s crazy how much power these computers use
Charles Orefice
August 23, 2021 at 1:13 am
Why is this lame video always on top … lame propaganda
Noor Fahad
August 23, 2021 at 9:12 am
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Colt Pickett
August 23, 2021 at 10:59 am
I’ve been trying to figure this crypto junk out and every video I watch results in me knowing less
Glenn David
August 23, 2021 at 11:59 am
I prefer tulip bulbs.
WIRED.
August 23, 2021 at 10:59 pm
THANKS FOR WATCHING.
REACH OUT TO WESLEY ALLEN ROLAND DIRECTLY ON WHTSAPP FOR YOUR GUIDANCE TO INVEST IN CRYPTO
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Eric James
August 23, 2021 at 12:21 pm
Hannah Monroe
August 23, 2021 at 12:23 pm
Nice What’s his t e 1 e q ram?
Michael Smith
August 23, 2021 at 12:23 pm
Yes please
Eric James
August 23, 2021 at 12:24 pm
@Michael Smith Njtradingfxx
Hannah Monroe
August 23, 2021 at 12:25 pm
@Eric James Thank you
The Dancing Vegan Atheist
August 23, 2021 at 1:00 pm
Bitcoin mining uses LESS energy than mainstream finance uses.
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August 23, 2021 at 1:33 pm
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GhostNade
August 23, 2021 at 2:21 pm
So no sense technology, evolution will eliminete this trash. Ridicilous 😀
Kelsey Prud'homme
August 23, 2021 at 9:42 pm
I wish these buildings a very get bombed
WIRED.
August 23, 2021 at 10:58 pm
THANKS FOR WATCHING.
REACH OUT TO WESLEY ALLEN ROLAND DIRECTLY ON WHTSAPP FOR YOUR GUIDANCE TO INVEST IN CRYPTO
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August 24, 2021 at 10:04 am
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August 24, 2021 at 2:05 pm
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August 24, 2021 at 2:06 pm
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Chris Coombes
August 24, 2021 at 8:54 pm
It’s a shame all that heat can’t be used by a different process.
Joel Martin
August 24, 2021 at 11:10 pm
“It is intentionally inefficient.”
It is just so stupid that we are pumping vast amounts of energy into this. Meanwhile we face impending climate disaster….largely because of our overconsumption and inefficient use of energy. Decarbonizing the world’s energy production is going to be a hard enough challenge already. We don’t need to be wasting energy on something with no benefit to human well being.