They were supportive in the start, mining bitcoin was the main funding sources for local officials back then, specially in regions with excess electricity. The government crackdown came later after the government acquired major payment services and created their CBDC.
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Staying calm through the daily marketprice changes isn't an easy feeling to bottle in, With the current price I will advise investors to trade and stay gallant before the bull run
@@amerkayyal2051 well if you want to be successful, have the mindset of the rich, spend less on irrelevant things and invest the rest so your money can generate more money for you even while you sleep. you may choose to venture into the financial market and specialize on either Stocks, kryptocurrency (b!t coin ) or real estate
There seems to be a ridiculous amount of people who have no clue what Bitcoin and blockchain technology is, but somehow feel that they know everything about why Bitcoin will fail or why it's a supposed scam. At the end of the day, the fact is blockchain tech is a revolutionary invention and Bitcoin is similarly revolutionary in being the first working implementation of this new tech. Both of these are facts. Whether Bitcoin will be successful or go mainstream is debatable, but regardless, it is still a revolutionary concept and requires further research and exploration. It's not a "failure" and it's not a "scam". It's simply a newly emerging technology. The category it eventually falls under depends on how people will use it in the future. How are people going to call this a bullshit idea when it is clearly functional, solves a long-standing computing problem, and has been growing exponentially in use and progressive advancement for 6 years. Want a real scam? Try digging into how inefficient and inflexible our current transaction and financial systems are. How centralization has given huge institutions free reign to essentially gamble with people's money, and then get a nice bailout when they ultimately and inevitably fuck up.
"Secretive" there are no secrets from the People's Republic - they are state sanctioned & by the looks of it, enjoying the same spoils of their labor as a 5 year old in an Apple factory.
intx123 dude he said he gets just over 4000 bitcoins a month... Which was worth around 1.6 million at the time that this was made.. 80,000 a month for electricity and its run by 4 people..... 4 people..... These 4 guys are profiting millions right now since it's almost at 8k
1 bitcoin every 13.67 years? Bro I'm sorry but you're losing money. I'm almost positive you're spending more to operate than you're bringing in. Besides Bitcoin is so volatile that the little risk you're even involved in isn't even worth your effort. Sorry, not trying to be a dick. Just my opinion
The wisest thing that should be on everyone mind currently should be to invest in different stream of income that doesn't depend on the govt especially with this current economic crisis around the world
The global pandemic shut many financial institutions from functioning thereby rendering most people jobless & investors lost more than they ever thought of losing.
Dude drives a Mercedes in China, he's ballin. No doubt. Edit: Way better than physical mining that's for sure. The technicians have first world problems now. Mainly how to kill boredom and time. Monitor and tool around small problems, try to prevent catastrophic failure. Good life for a Chinese laborer, great skill-set learned as well...
bluehorse888 so true lol. Physical miner that mine gold they use mercury to capture the fine gold. But in order to take mercury out they have to heat the material which burns out the mercury which is bad for the environment.
bluehorse888 mining bits on a computer isn't producing anything of REAL value. As you extract bitcoins (and sell them) you're essentially just extracting wealth from those who HAVE produced that are willing to buy these damn things
imhellag You do realize who you're speaking to right? Quite frankly my point was exactly what I said: btc has no intrinsic value. Yet for whatever reason you think you know what my viewpoint is on paper money when I never mentioned that at all. Yes unfortunately society places value on paper, but at least paper money has more intrinsic value than btc because you can at least use it as a fuel source lol but all things eventually fall to their intrinsic value. How's that for a point
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
Same here, I made $12,400 profits on investing since I started trading with Mrs Alice foster his trading strategies are too notch am winning consistently trading with Mrs Alice foster . He is really the best broker I've made a lot of profit investing with her
After watching so many TH-cam tutorial videos about trading I was still making losses untill Mrs Alice foster started managing my investment now, I make $6,800 weekly. God bless Mrs Alice foster . Has been a blessing to my family.
i knew about bitcoin with the mining hash difficulty rate was at 2... you could mine 4 or 5 bitcoins in an hour on a shitty laptop.. i felt ridiculous and deleted the miner.. im such a fucking dumb ass for that
+Bijan Fletcher Dont blame and kick yourself man. You weren't the only one. Ever heard of story of a desperate man who goes find his old hard drive contains with thousands of bitcoin at a garbage dump site every day? Now that is one sad story. Prior to 2013, everyone was thinking that even 100 bitcoins is useless in real life. Had I known bitcoin would be where is it now (like everyone else), a broke 23 years old me in 2010 wouldn't mind starving everyday just to invest $1000 in my bank in bitcoin so in 6 years to come, he would be enjoy jet-setting around the world and snort cocaine off from the ass and boobs of prostitutes in each every continents. Ah well, I could only dream..
one of my buddies tried getting me into bitcoin when it was around 80 cents. I was going to buy $1,000 worth for kicks but didn't really understand the concept and when started telling me about planning to buy expensive graphics cards to "mine" them thought it was some kind of scam to sell hardware. My bud bought 8 gpu's but then lost most of his savings in stock market and sold the gpu's before setting them up. Then years later he came up on money and invested 100k when bitcoin prices were going crazy. He was paying 2-3x retail cost for used more electricity efficient GPUs. Rented space in data centers to setup his mining farm. Then bitcoin started crashing and for few months he still did ok mining other cryptos and exchanging for btcs but with so many new coins coming out whole market got diluted and it was too hard to make $. It got to a point where his mining couldn't even cover electricity costs and had to fight to get out of his data center contracts and then sold off all his hardware for big loss as gpu prices collapsed with btc and other cryptos. So sick guy was onto it from the beginning and was so sold on the concept and still ended up losing bunch of money. He could have made 10s of millions of dollars just running his 8 gpus collecting bit coins.
There's some fuzzy math going on at @2:43 $80,000 divided by 1250 kWh = $64.00 per kilowatt hour. I think he meant to say that their power requirements are 1250 kilowatts. 1250 Kilowatts x 24 hours x 30 days = 900,000 Kilowatt Hours 900,000 kilowatt hours x 8.9 cents (per kilowatt hour) = $80,100
One kilowatt (kW) equals 1,000 watts, and one kilowatt-hour (kWh) is one hour of using electricity at a rate of 1,000 watts Nothing wrong there ,you forgot to divide 80,000 by 24 hrs and 30 days .
Thanks, 400 antminers will most definately turn a profit as they are Application specific devices, meaning they are for mining crypto-currencies ONLY. A single Antminer is about 200 times faster than if you were to mine with just one AMD 290x. The thing is that this would cost a lot of money to start up & you wouldn't see profit straight away.
+FiftyPercentHealth doesnt matter cause there a site coming out i forgot the name of it but it pretty much another copycat of bitcoin but the people who mine it can only use GPU only which will give us lower end/poor people a chance to make something out of it
Nice video with good info, It is really helpful to us traders, Investing on crypto is the best and fastest way of making money, but only few understood the secret of crypto.
I have incurred so much loss trading on my own.I trade well on demo, But I think the real market is been manipulated, Can anyone help me out or at least te!ll me what Im doing wrong
+Ultradihno Mostly because China's pollution is affecting California, hackers stealing American ideas and running American businesses out of.....buisness. And also because of the means that they are growing their economy. Their "economy" is growing but their citizens are no more well off, still working in sweatshops.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities..
Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.
@@bridgetrussell5903 In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly.
report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue..... is that other markets......... are being...... decimated. If you want to
@@minnyf701 People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless,,, "you have an, , exceptionally,, high income,,,,,, ,,,,,, , investing is the only way most,,,,, people,,,,,,,, will ever have enough,,,,,,, money to retire.
Bitcoin mining is not very profitable anymore, and you need specific machines for it. You can mine ETH on a normal computer all you need is a decent GPU, then you can convert that into BTC, that is the best way to mine right now, but it's not clear how long that will last so it is a risk.
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I came across this name while reading an article on CNBC, But i wasn't given much information about her. Could you pass along her info because i would love to try out her service for myself?
Wertyop70 But what about while playing? Do you have a status bar for your server? No. That's probably why. Also, I don't play that game but I have played some where alt+tab screws up the game if fullscreen.
@@edwardsanabria2593 That won't bother you if you trade with a prof company, Been tradin about 4yrs now still on the top of the profit list even with the fluctuation of Btc/Fx
This video was on publish on 2015....people may have been laughing their arse out that time how stupid they can be setting whole factory for just 20 to 25 btc per day ......by now at this current price... they was more then just billionaires..
even back then, 20 bitcoinsX $200-300 (lowest prices of that year)=$4000-$6000 a day x 30 days =120.000-180.000/month from where you deduct the $80.000 electricity bill and some salaries. wasnt a bad investition. especialy with the chinese salaries lol
@@jervisone4261 I just paid my electricity for RM 1++ per month ..oh ya im doing mining service actually..you can PM me for more details nyxvagorsports@gmail.com
Successful people don't beçome that way overnight. What most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time
People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now
This video inspired me to start digging for bitcoins. After few days of non stop working I end up with, wait for it.... A burned motherboard and CPU. So I had to dig somewhere else, like in fathers pocket, which, I must say, is way more reliable source than bitcoin digging (unless u have super ultra mega giga turbo charged computer like this guy and a "slave").
+Igor Makic You're gonna break a few shovels if you're goal is to mine gold on your own. I'm not sure you're gonna find enough to cover the cost of the shovels. It doesn't mean precious metal mining is not a legitimate business though.
+Aleksei Krasnov Alesnarovich if they would have a working quantum computer not just mere prototypes, even then it probably would be terribly slow at mining, as it would probably be a small machine, and no effective cpu architecture is availabe, and no software is made either optimized to quantum computers, and hashing requires a very very specific type of circuitry (see ASIC miners are the best for a reason) in short NASA aint has shit but toys that they call grandiose names and throwing buzzwords all around
I watched this video when it first came out two years ago, didn't understand it at all. Now that I actually own some BTC and other Alt-Coins this mini documentary has a whole new meaning and brings things into perspective, kinda crazy really.
There are other cons and problems, from what I've seen their great expenses and problems are 1) wages and salaries 2) electricity 3) locals (I'd be surprised to discover they own all the places they operate) 4) obsolescence (technology evolves every time, their miners must stay at the top of efficiency, their cooling system however just has to be "good enough") 5) increasing difficulty (the more it goes, the harder it gets, the more expensive the investment has to be) 6) volatility (the Bitcoin is not a stable money and thus there is a very high risk when your business is based on them).
it is a proven but socially accepted fact that anyone of a certain race or species will find it hard to differentiate between creatures / people of another species, unless they spend a good amount of time with them/it to learn to differentiate them specifically. Even after that, they will not be able to tell the difference between the rest of the creatures/people from that race although they may have 1 creature/person that they can recognise out of their group. There is definitely more variation between white people than there is in a group of chinese people, which makes it harder.
(Relinquish) yikes - better get those eyes checked. "whites" as you put it, have the largest variation of the human structure. from skin, eye, hair color the math works out to thousands of "COLOR" variation none of which "non-whites" posses.
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Hamza Rehman so Fucken true! If this guy stockpiled his investment bitcoins he knew he made in the early days would be more valuable 4 years later he would be filthy rich now.
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Why not invest in cryptocurrency while you learn how to buy. Bitcoin can be very confusing but my recent in trade on XNG/USD on a natural gas some other currency pairs, with expert Stacy Griffin on this trade I have made my profit.,
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I have 1 BTC. I got it from some guy four years ago while doing some work for him online. I don't even know how to sell that thing. This is all so confusing to me.
jax yuen dude if you look at the guy on the thumbnail and look at the title "life inside a *secret* chinese bitcoin mine" HOW WOULD YOU NOT EXPECT SLAVERY
+Sonny Braem Why is it slavery? Do you even know what slavery means? The employee are getting paid, even higher than their peers working in other field, they are free to leave the job if they like at any time. They work in shift, so no overwork. Why is that a slavery?
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+Big Brody dont think you understand how this works..... not to mention all of the precautions they have for keeping cool air flowing all desktop computers and parts in this case have a fail safe that they shut down before getting even close to the point of starting a fire.....
It is not because they aren't powerful, but bitcoin miners relies on types of cards that doesn't really compute what your CPU or GPU would compute. Infact, they are more related to their ARM brothers, meaning that they are set to do more specific tasks. It is like you have hardware to specifically work with minecraft and only minecraft.
i thank god for leading my steps and directing me to meet Mr Frank B Davis cause i was almost giving up on trading but in just only 3 weeks and 4 days of trading with him I've earned over $45,000, Cryptocurrency pays a lot when you have a good strategy in trading mining takes too long, so if you're having issues trading or you're not making as much as you want then you can reach him on phone and on WhatsApp +12675274619
well maybe if not they would be damn close to it I mean if you really think about it back in the day 1 bitcoin was stupid cheap like 200$ and when bitcoin hit its highest market per coin depending on how much you spend depends how much you received so if you bought 1 bitcoin and weighted till Dec of Last year that $200 coin was worth $20,000 so just imagine if you bought like $2000 worth of coin back in the day someone would be set for life
I like these guys :) I hope Bitcoin will further establish itself, even if it remains a bit of a niche currency. No b.s. like quantitative easing there!
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
@Tran Nguyen As a newbie I'll advise you trade under the guidance of an expert so as to reduce chance of lose till you get a working strategy for yourself
@Tran Nguyen Hello!!, I will advise you find an expert in forex trading around your vicinity to help you while you study the forex market. Forex trading is a process of which you have to understand these process before going into life trade
@@annienolen8175 Good one, being successful in forex requires trading with a good account manager, trading without an expert or mentorship blows your entire account off, talking out of experience
Northern China seems like the ideal place for this business. Climate is cooler, Rent is cheaper, and business regulations aren't squandering your margins... 50% of this dude's assets are into Bitcoin though? He's rich now, diversifying his portfolio would be a very smart move. He made his money now its time to protect it.
they should move the plant to the u.s/Washington state some of the cheapest electricity on the globe if you register as an Industrial usage....... 0.04cents/kWh
待化的冰 they already have the equipment, and the founder/ceo has said he pays his workers top penny (wouldnt change) and the rent wouldn't be much of a change if he finds the right place.
Good idea, maybe they could just build another facility in the US, instead of taking all their stuff with them and possibly damaging it. They have the money :b
Not supporting it doesn't mean making it illegal. 43% of current crypto-currency mining comes from China atm. I am not a crypto-currency guy but this video and it kind of blew me away. Only in China!
How does this whole bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily in it but I'm gonna need an assistant from any trusted and productive professional
@@fernandezrodriguez2644 I will recommend Charlotte Ann Trading Services for you their strategies is working for me at the moment and making good profit from bitcoin trading
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anna dworska lmfao they were spending around 80k a month on electricity... even in 2015 they were making 100k profit MONTHLY. They’re for sure millionaires at this point.
Important news SCF FEYENOORD MAKES GOOD !!! new ones GOLDEN COIN ** Announcement comes in soon, you buy coins or start mining Https://gulden.com/en/ Https://developer.gulden.com/mining/ Https://anycoindirect.eu/en/ervaringen Https://coinmarketcap.com/currencies/gulden/ What is the new Dutch Golds (NLG)? How can I buy this? The gold with the abbreviation NLG is a new decentralized Cryptocurrency based on a specially developed DELTA-encoded PoW algorithm with its own blockchain. The Dutch Golds in this new cryptocurrency form is also known as the Gold Coin. The Golden Coin and the NLG are the same crypto coins with the same blockchain. NLG Buy gold A total of 1680 million guilders can be dug. 170 million guilders are reserved for the development of the NLG as a crypto currency for a moneyless society. It's a young cryptogeld project and everyone can dig NLG. There is a block price of 100 NLG. It is a new competitor for e-Gulden or the EFL. For more information: Buy the e-Gold (EFL)! For the record. These coins have nothing to do with the old Dutch Golds, Earlier issued by the Dutch central bank, or the real Dutch guilder as the golden ten. No, It is decentralized cryptogeld, digital money. Where can I buy the NLG? If you already have bitcoins, you can use the Changelly Crypto Exchange widget below to get below the advantage of NLG. You send them directly to your Golden wallet. Do not you have any? Then click here: www.gulden.com You can donate in GOLDEN to give me a beer for the information GWMDkWbfUtwVtLsM4nFWpswjVSTW2zH2kB Subscribe me and follow me soon
I have been making losses Bitcoin trading on myself I thought trading on DEMO ACCOUNT is just like trading the real market Can anyone on help me out or at least advice me on what to do? 🙏
Lack of trading discipline is the primary reason for trade losses it is estimated that nearly 80-85% of nowadays traders end up losing money in the stock market Experiencing loss is also part of the game but that don't mean you should give up my advice to new beginners and busy investors who have little time to monitor their trades is to trade with professional expert on profitable platform it's the best strategy you can really engage on..
Speaking of guide I suggest you reach out to Expert Mrs Charlotte Russell from cryptofx-trades she is my guide she's really the best at what she does she has been handling my trade, it's been a year now and the experience has been amazing earning a minimum of $ 7,480 biweekly this worth testifying
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I lost £ 1200 carelessly trading on my own then I was refered to Mrs Charlotte she recovered the loss and made an extra profit of £ 4,600 After 7 days of trading with Mrs Charlotte
Really! you all know her too? I have been investing with her I'm from England! I thought I'm the only one she has helped through the fear of forex trading I invested £ 11000 and had a profit of £ 98000 in a space of 4 weeks
well we will see but i don't trust 100% it will crush ( i think chances are very,very,very small ) but bankers are going to get their dirty noses in there and we can't underestimate them.
i get angry when I remember that I saw bitcoins for sale at $20 each and I was like... "nah, ill wait a little more to buy it" and let it go.. 2 years later it reached almost $1200 each. Trust your guts guys!
+Mike Wollinger I used to mine them and sell them for $8. I actually bought a couple US Gold Double Eagle (one-ounce) coins for $315. I sold them a few years later for $1,000 each and thought I was a genius. Then the price went over $1,700.
+Mike Wollinger I bought 1200 coins for barely $400 back in the day when I was 12 or 13, figuring it would be absolutely huge, as I was familiar with the potential in regards to illegal activities. Because of family troubles, to say the least, I lost access to the account and it fell into the abyss entirely because of my parents bad choices. It's a funny feeling having lost the equivalent to around 1.5million dollars worth of bitcoins at the time I believe I would have sold out. Worst thing is the opportunity will never come again. If the charts speak it, and it's new, the worst your outcome can be is cashing in too soon and having to wait awhile to actually make a true profit. Never again will there be a 5000x return within a couple years. At least I learned to truly never trust anyone with my finances because everyone is poor and working shit slave jobs for a reason. wew lad
It is important to remember that trading is a risky business and that mistakes cost money. The mistake you can make, is to risk more money than you can afford to loose
Two basic emotions tend to control the action of many trader's: fear and greed. That's why it's always to advised to seek help from professional to help you trade better. Mr Dan Raziel handles my investments for me. He is very good
i doubt it because blockchain difficulty increases... unless they still solve the blockchain first, but that would require better hardware so they would need to spend a lot to upgrade. undoubtedly though I imagine that they still are making a profit
sweet resting area. very peaceful not much noise at all
a bed with no mattress! my fav
Gotgas420 the 1.5 mill a month is great too
LOL!!!!
think you could by a better bed lol
This is the infrastructure that keeps the digital currency’s decentralized network up and running, and its operators are profiting big time.
Worst minecraft video ever.
$0.75 *****
*****
Ooooh high roller.
*****
Well, I am on drugs.
***** An alternative to paying like... not paying?
I live on the 3rd floor, forgot to set WiFi password. ISP called, said I owe 12 million.
bullshit, all ISP's have fair usage policies
Well, in China, network data is unlimited, you can use whatever how much you want if you paid the monthly fee.
Yep, its awesome!!
You guys were right, I don't not owe the ISP anymore. However, my internet is slow as shit! These guys on the second floor hog it all
For China Telecom, the largest ISP in China, the price is:
10Mbps - 8$
30Mbps - 14$
50Mbps - 16$
100Mbps - 22$
200Mbps - 26$ (Only in large cities)
“I think the Chinese government will come to support it in the future”
That aged well…
They were supportive in the start, mining bitcoin was the main funding sources for local officials back then, specially in regions with excess electricity.
The government crackdown came later after the government acquired major payment services and created their CBDC.
8:11 POTATO
+Anomaly r u de gay bose
+Anomaly why u here fat fok
+Anomaly i cant stop laughing at that now. fucckk
+TheNuke03 look at 8:11, get a pic of a potato and you will understand
+Anomaly hahahahahahahahahh best :D xD
Yup, turn the lights off, wouldn't want to waste any electricity
🤣
Its also a good way to spot any Warning light changes.
so when the operator is realxing. they can look out and see any red lights standing out.
best thing i read all year, and this is not an insult
@@kaspernbs I hear ya!!
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Staying calm through the daily marketprice changes isn't an easy feeling to bottle in, With the current price I will advise investors to trade and stay gallant before the bull run
You are on track I still strongly believe btc is going
to $50kÚSD and even more record before year ending, although that's my personal opinion
How do y'all benefit from all these
@@amerkayyal2051 well if you want to be successful, have the mindset of the rich, spend less on irrelevant things and invest the rest so your money can generate more money for you even while you sleep.
you may choose to venture into the financial market and specialize on either Stocks, kryptocurrency (b!t coin ) or real estate
@@dareen1175 I agree with you. A lot of my friends who are holders are currently going crazy over the sudden drop inprice.
Crypto is the future, trading crypto has
become a lucrative way of making money. I am a living testimony
Can you do another interview? I wanna know how they are doing today.
in jail thanks to this vid
@@codyglasgow8599 then it's not mining bitcoin. No one mines bitcoin with gpus anymore
@@v7w37 what do they mibe with now?
@@malourocha9211 asics
@@stevedevice why? As long as they're paying taxes and their electric bill; mining bitcoin is legal.
The music integrated into the drone of the factory... Genius
But can it run 2 Chrome tabs opened at once
you sir, win so much
What?
Maybe if they have quantum computers
With the help of bullionbit you can make muitiple income through bitcoin mining just a reply will solve every thing
There seems to be a ridiculous amount of people who have no clue what Bitcoin and blockchain technology is, but somehow feel that they know everything about why Bitcoin will fail or why it's a supposed scam.
At the end of the day, the fact is blockchain tech is a revolutionary invention and Bitcoin is similarly revolutionary in being the first working implementation of this new tech. Both of these are facts. Whether Bitcoin will be successful or go mainstream is debatable, but regardless, it is still a revolutionary concept and requires further research and exploration.
It's not a "failure" and it's not a "scam". It's simply a newly emerging technology. The category it eventually falls under depends on how people will use it in the future. How are people going to call this a bullshit idea when it is clearly functional, solves a long-standing computing problem, and has been growing exponentially in use and progressive advancement for 6 years.
Want a real scam? Try digging into how inefficient and inflexible our current transaction and financial systems are. How centralization has given huge institutions free reign to essentially gamble with people's money, and then get a nice bailout when they ultimately and inevitably fuck up.
I'm sorry sir but we don't allow thought provoking comments on this website.
558822zz Apologies sir, I seem to have forgotten I was on the internet.
Bitcoin in terms of monetary theory: www.acting-man.com/?p=35790
Kudos, well said. I completely agree. I look forward to the other implementations that take advantage of the blockchain technology.
Harry Sachs Here's $0.10 worth of bitcoin via *****
cable management is pretty good
Need some cable ties. :-D
dude gets paid to replace faulty fans, play POE and eat takeaway food?
best job ever
but what does he get paid.. that's the question.
probably in packets of Ramen noodles.
he gets paid with bitcoins, worth a ton
"Secretive" there are no secrets from the People's Republic - they are state sanctioned & by the looks of it, enjoying the same spoils of their labor as a 5 year old in an Apple factory.
If they put more thought into the environment they wouldn't need to keep replacing fans and components.
Mining 20 to 25 bitcoins a day
Meanwhile I'm mining 1 bitcoin every 13.67 years
All dives, electricity bills, it have costs. So it's depends on investment.
I have no life. Upgrade your CPU/GPU that may help.
intx123 dude he said he gets just over 4000 bitcoins a month... Which was worth around 1.6 million at the time that this was made.. 80,000 a month for electricity and its run by 4 people..... 4 people..... These 4 guys are profiting millions right now since it's almost at 8k
I have no life.
send me some Bitcoin here
18DvhooPDmpHGDsRyXmiyRAxtGftnCmS3f
please please
1 bitcoin every 13.67 years? Bro I'm sorry but you're losing money. I'm almost positive you're spending more to operate than you're bringing in. Besides Bitcoin is so volatile that the little risk you're even involved in isn't even worth your effort. Sorry, not trying to be a dick. Just my opinion
The wisest thing that should be on everyone mind currently should be to invest in different stream of income that doesn't depend on the govt especially with this current economic crisis around the world
I am glad that I am achieving success in trading after I read through a post on btc and how to get started with the help of an expert mr billy
@@tracyfisher7233 Is he legit, can he be trusted?
@@raymason1083
Yes he's legit also an expert and I have been earning from he's platform 💰📊
Investing in btc now is really good especially with the current growth in price of btc in the market now.
The global pandemic shut many financial institutions from functioning thereby rendering most people jobless & investors lost more than they ever thought of losing.
lol everyone laughed 8 months ago. They are rich now
How much money you have?
1 bitcoin is worth about $5,000 so I mean if they get 20-25 bitcoins every day...
It's 7400 USD now.
they company probly worth around 650 million dollar today wowowowowwowow.
Kuiji probably around 2018 they're gonna be like 20-25k
Dude drives a Mercedes in China, he's ballin. No doubt.
Edit: Way better than physical mining that's for sure. The technicians have first world problems now. Mainly how to kill boredom and time. Monitor and tool around small problems, try to prevent catastrophic failure. Good life for a Chinese laborer, great skill-set learned as well...
bluehorse888 so true lol. Physical miner that mine gold they use mercury to capture the fine gold. But in order to take mercury out they have to heat the material which burns out the mercury which is bad for the environment.
I'm in the wrong business.
bluehorse888 mining bits on a computer isn't producing anything of REAL value. As you extract bitcoins (and sell them) you're essentially just extracting wealth from those who HAVE produced that are willing to buy these damn things
Henry Hazlitt Cash - paper money - also has no intrinsic value. We as a society agree that its worth certain something. Your point is?
imhellag You do realize who you're speaking to right? Quite frankly my point was exactly what I said: btc has no intrinsic value. Yet for whatever reason you think you know what my viewpoint is on paper money when I never mentioned that at all. Yes unfortunately society places value on paper, but at least paper money has more intrinsic value than btc because you can at least use it as a fuel source lol but all things eventually fall to their intrinsic value. How's that for a point
"I'm in charge of secure operations" he says as he walks into a door standing open and upstairs into a building empty of people.
they obviously edited out the lasers and hippo pits
baesex lmao
shows you how safe its is to be in China
When it comes to the world of investing,most people don't know where to start.fortunately,great investors of the past and present can provide us with guidance
I'm so happy ☺️ my life is totally changed. I've been earning $10,250 returns from my $4,000 Investment every 13 days
Same here, I made $12,400 profits on investing since I started trading with Mrs Alice foster his trading strategies are too notch am winning consistently trading with Mrs Alice foster . He is really the best broker I've made a lot of profit investing with her
I heard a lot of investing with Mrs Alice foster and how good she is, please how safe are the profit?
After watching so many TH-cam tutorial videos about trading I was still making losses untill Mrs Alice foster started managing my investment now, I make $6,800 weekly. God bless Mrs Alice foster . Has been a blessing to my family.
I've seen a lot of recommendation about Mrs Alice foster , Please can I have his info? I want to invest 2,000usd with her.
i knew about bitcoin with the mining hash difficulty rate was at 2... you could mine 4 or 5 bitcoins in an hour on a shitty laptop.. i felt ridiculous and deleted the miner.. im such a fucking dumb ass for that
+Bijan Fletcher CPU mining went away a long time ago. GPU mining was pretty good until 2013. Now there is just no point without an ASIC.
+Bijan Fletcher Dont blame and kick yourself man. You weren't the only one. Ever heard of story of a desperate man who goes find his old hard drive contains with thousands of bitcoin at a garbage dump site every day? Now that is one sad story. Prior to 2013, everyone was thinking that even 100 bitcoins is useless in real life. Had I known bitcoin would be where is it now (like everyone else), a broke 23 years old me in 2010 wouldn't mind starving everyday just to invest $1000 in my bank in bitcoin so in 6 years to come, he would be enjoy jet-setting around the world and snort cocaine off from the ass and boobs of prostitutes in each every continents. Ah well, I could only dream..
the bitcoin was 0.50$ when it get started in 2009 by Satoshi Nakamoto....
one of my buddies tried getting me into bitcoin when it was around 80 cents. I was going to buy $1,000 worth for kicks but didn't really understand the concept and when started telling me about planning to buy expensive graphics cards to "mine" them thought it was some kind of scam to sell hardware. My bud bought 8 gpu's but then lost most of his savings in stock market and sold the gpu's before setting them up. Then years later he came up on money and invested 100k when bitcoin prices were going crazy. He was paying 2-3x retail cost for used more electricity efficient GPUs. Rented space in data centers to setup his mining farm. Then bitcoin started crashing and for few months he still did ok mining other cryptos and exchanging for btcs but with so many new coins coming out whole market got diluted and it was too hard to make $. It got to a point where his mining couldn't even cover electricity costs and had to fight to get out of his data center contracts and then sold off all his hardware for big loss as gpu prices collapsed with btc and other cryptos. So sick guy was onto it from the beginning and was so sold on the concept and still ended up losing bunch of money. He could have made 10s of millions of dollars just running his 8 gpus collecting bit coins.
+KaliAndy2 yikes
There's some fuzzy math going on at @2:43
$80,000 divided by 1250 kWh = $64.00 per kilowatt hour.
I think he meant to say that their power requirements are 1250 kilowatts.
1250 Kilowatts x 24 hours x 30 days = 900,000 Kilowatt Hours
900,000 kilowatt hours x 8.9 cents (per kilowatt hour) = $80,100
That's exactly what I thought too very good.
lost in translation
The Chinese guy said it correctly. The translation made the mistake.
One kilowatt (kW) equals 1,000 watts, and one kilowatt-hour (kWh) is one hour of using electricity at a rate of 1,000 watts
Nothing wrong there ,you forgot to divide 80,000 by 24 hrs and 30 days .
not very secret when you put it on fucking youtube
It not illegal, why would they need to keep it a secret.
So rival miners don't turn up and burn the place to the ground.
Yep, mafia it's a thing when you get that big.
Unless...Wait for it......They are the mafia! :o
that profile pic scares me
To everyone who is thinking of starting their own business, believe in yourself and never give up.Your future self will be thankful
You gotta see investors scared and loose funds due to ignorance
That is so huge
i I’m living testimony of automate ,they change my financial status to a better standard
Automate is obviously the best, I invested $2,000 on a profit of $4000 in 7 days
It’s my 5th withdrawal from forex trade, all thanks to Automate
Holy crap that pile of Cougar 80+ Gold 1050W PSUs in 4:49... :O
And i dont even have one 80+ gold powersupply in my computer:( it's bronze:( I cri evri tim:(:(:(
+Spoo Derman
I was actually joking :D
+Spoo Derman 280w psu master race
@Gigabyte GTX blablablablabla it's not a good bang for the buck for consumer grade use.
And then there's me sitting here with my CX450M
They should hire LTT for a "whole room water cooling" rig LMFAO
this comment win
Thats what i was thinking too :D
They'd create yet another life form. With that much stuff to cool, the life form could gain consciousness and enslave humanity. Bad idea.
Agreed 100%. These guys are amateurs =P
LTT = Linus Tech Tips? If so, i'm not that inexperienced after all
*Takes over school computers to mine Bitcoin*
+Teilo Smith Literally wouldn't even get anything.
even with 400 PC's with high end GPU's won't get you anything.
Thanks, 400 antminers will most definately turn a profit as they are Application specific devices, meaning they are for mining crypto-currencies ONLY. A single Antminer is about 200 times faster than if you were to mine with just one AMD 290x. The thing is that this would cost a lot of money to start up & you wouldn't see profit straight away.
`
+FiftyPercentHealth doesnt matter cause there a site coming out i forgot the name of it but it pretty much another copycat of bitcoin but the people who mine it can only use GPU only which will give us lower end/poor people a chance to make something out of it
Nice video with good info, It is really helpful to us traders, Investing on crypto is the best and fastest way of making money, but only
few understood the secret of crypto.
Bitcoin is the future, investing in it will be the wisest thing to do especially in the Current bear market
I live in the UK and I'm thinking of investing in the crypto market, but I'm taking my time to understand how it really works.
Most people are scared of investing due to the lost incurred during trading
The fear of failure can also deprives one from success.
I have incurred so much loss trading on my own.I trade well on demo, But I think
the real market is been manipulated, Can anyone help me out or at least te!ll me what Im doing wrong
this is absolutely insane
in 5 years, they will wish they had ear protection I am thinkin.
Ever seen an old server?
+Petru Mihai I've seen servers from vax and up. since 1994
Well, the ones with really small fans make even more noise. I can't set one up without sounding like I use a vacuum or something.
+Petru Mihai yup that is normal. servers care about cooling not sound. they are usually in a server room away from people
Yeah, and the same's here. Imagine that this whole facility is a big server room. I don't think they spend the whole day there.
Even if you make millions you'll be stuck eaten ramen noodles in the dark.
hey the man who eats ramen noodles is just an employee bro
Seasoned with 24 Karat gold and platinum.
+Ultradihno Mostly because China's pollution is affecting California, hackers stealing American ideas and running American businesses out of.....buisness. And also because of the means that they are growing their economy. Their "economy" is growing but their citizens are no more well off, still working in sweatshops.
+Lardian It's like the industrial revolution over there.
a lot of billionaires who started from zero would've been "Thank god" if they got ramen during their hard time.
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks.I believe having 175K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities..
Keep it simple in the beginning. Buy something, like an index fund, and hold. Educate yourself in the meantime and elevate your risk tolerance over time.
@@bridgetrussell5903 In order to make profits from trading you need loads of experience and a well defined strategy, which most traders don't have. If you trade without the proper preparation, you're most likely to lose your money. Identify the buy/sell ratios and identify the market leaders and most importantly.
report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue..... is that other markets......... are being...... decimated. If you want to
@@minnyf701 People believe their currency has the worth it does because they have no other option. Even in a hyper-inflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.
Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless,,, "you have an, , exceptionally,, high income,,,,,, ,,,,,, , investing is the only way most,,,,, people,,,,,,,, will ever have enough,,,,,,, money to retire.
1:35 What a beautiful noise.
I feel bad for the workers who sleep there, they should invest in some sound proof padding at least...
This is in china, seems like far above average conditions.
what's a cauliflower ear?
www.medicinenet.com/cauliflower_ear/article.htm
Earplugs aren't expensive, I would think that would be dirt cheap, especially in China.
You don't get cauliflower ear from noise, but from trauma e.g. getting hit/kicked in the ear.
Imagine how rich these fucking guys are right now.
millionaires
Sitting on their asses and make more money than us in s month for the a day
what is there to doubt... bitcoin went up 30 times since this video has been shot.
A Bitcoin is worth 5700€ today.. They are so fucking rich omg
Boaraes about 25 mil now
4050 btc a month, they say it was 1.5M now its about 135M.
These guys made billions, props to them.
Is there an update to this film since 2015? Would love to see how they are performing now.
China already ban, all being kick out already
lol
me too
I'm thinking about doing some mining in Costa Rica this spring. I hear they have some mighty fine bitcoin there that time of the year.
really peter?? im very interest in this i live in costa rica and i want invest in make a little farm of bitcoin
Bitcoin mining is not very profitable anymore, and you need specific machines for it. You can mine ETH on a normal computer all you need is a decent GPU, then you can convert that into BTC, that is the best way to mine right now, but it's not clear how long that will last so it is a risk.
+Ariel Quesada I think he's being sarcastic, because it doesn't matter where you set up a computer.
Ariel Quesada Ese mae está vacilando. Lo agarraron de mono, jaja.
jajaj
nearly 2 million views. Not that secret anymore lol
lol
😊Nice video and Thank you also for recommending your broker Grace lin ,her services are exceptional and I've been earning greatly from investing with her
saw recommendation but I did not bother chating her up
The fruitfulness of your trading lies on the account manager or the expert
I have been seeing so many recommendations about Grace lin on different platforms trending I think she must be good for people to talk about her
I came across this name while reading an article on CNBC, But i wasn't given much information about her. Could you pass along her info because i would love to try out her service for myself?
Ok, thanks for the recommendation...I will contact her
The city is literally called changcheng - could it get more stereotypical? haha
Kaching !
One of the richest Chinese man is called Ka Shing
hahahahahahahahahahahaha
+IDUP SWK One of the largest cities in China is called chongching (chongqing in pinyin)
Patchy nicee.....
4,050BTC = 2,543,400$
now this days
or 9,922,221 today!
Now it's over 10mil! They're making $120,000,000 a YEAR!!!
Difficulty increases
so does value they're making more and its been two years guranfuckingtee this guy has a couple of lambos to spare around
385M now
The one thing that bothered me in this video is that the guy was playing POE in a window, not fullscreen
Needs to be able to check status windows quickly.....
Alt tab? Shift Tab? I can get to my desktop and back in like a second
Wertyop70
But what about while playing? Do you have a status bar for your server? No. That's probably why.
Also, I don't play that game but I have played some where alt+tab screws up the game if fullscreen.
Doesnt for me atleast, if anything having a second monitor would change it :P
I think it might have been a virtual machine that the game was running on - hence window mode? he used the CPU power of mining PCs to render :D
What an amazing video,this is exactly what I need as a motivation to trade Btc/Fx
Determination is highly needed in tradin because only a brave heart is determined to take the risk involved in making great profits.
Shorting the right stock at the right time is a good way to make money
People are ignorant of the profitablity in Btc investment and that's been there major issue limiting there investment
I wanted tradin but I got confused by the fluctuation on price, everything going up and down. Lol
@@edwardsanabria2593
That won't bother you if you trade with a prof company, Been tradin about 4yrs now still on the top of the profit list even with the fluctuation of Btc/Fx
Should've hooked up an extension cord to your neighbors outlet and made them pay for it
They will be broke as fuck xd.
This video was on publish on 2015....people may have been laughing their arse out that time how stupid they can be setting whole factory for just 20 to 25 btc per day ......by now at this current price... they was more then just billionaires..
holy fuck I just noticed this was released in 2015 crazyyy
even back then, 20 bitcoinsX $200-300 (lowest prices of that year)=$4000-$6000 a day x 30 days =120.000-180.000/month from where you deduct the $80.000 electricity bill and some salaries. wasnt a bad investition. especialy with the chinese salaries lol
@@jervisone4261 I just paid my electricity for RM 1++ per month ..oh ya im doing mining service actually..you can PM me for more details nyxvagorsports@gmail.com
@@mohamadsyazali6648 Now 163000$ x 20 bitcoins per day
Luciano B very good ;)
It must mess up your hearing to be a worker, sleeping next to that.
Yeah was thinking that too, why the hell aren't they wearing earmuffs?
nikals bc they were interviewed? lul
WHAT?
The secret of your future is hidden in your
daily routine. Successful people do daily
what the unsuccessful only do occasionally
Successful people don't beçome that way
overnight. What most people see at a
glance-wealth, a great career, purpose-is the
result of hard work and hustle over time
The amount of time you spend believing we can’t is more than enough time to learn how you can
Yeah! I agree with you.
People come here with the aim of chasing money more than knowledge and that will damage your progress, trust me. Chase knowledge first and I promise! The money will follow you just like it's following some of us now
@@jessicaallen6874 That's very correct sir!! And that is why most of them end up losing they m o ney to scammers.
"Secret Bitcoin Mine" *Proceed to show it and its location and its manager's identity.* Okay...
He meant, never before interviewed.
Probably just a clickbait anyway
@Jeff's on TH-cam Just like Crypto Queen Ruja Ignatova www.bbc.com/news/stories-50435014
I gave Dr Sarah Perkins all my money and she YOLO'd it on a SPY put and lost everything!!!!!
@@Patcheslondon same..
This video inspired me to start digging for bitcoins. After few days of non stop working I end up with, wait for it.... A burned motherboard and CPU.
So I had to dig somewhere else, like in fathers pocket, which, I must say, is way more reliable source than bitcoin digging (unless u have super ultra mega giga turbo charged computer like this guy and a "slave").
+Igor Makic You're gonna break a few shovels if you're goal is to mine gold on your own. I'm not sure you're gonna find enough to cover the cost of the shovels. It doesn't mean precious metal mining is not a legitimate business though.
+Igor Makic I hope you weren't mining BTC using your own PC? That's not the way to go unfortunately.
martij30 Yeh, I had no other pc :/
Igor Makic
RIP PC. Seriously, don't try it again. Mining does destroy your PC's unless you got proper mining gear/rig.
***** shoveling dirt is easy, shoveling enough dirt to find gold is hard.
Nothing beats expertise when it comes to mining bitcoin.
How do I go about it I need help. I have no knowledge related to this
I did my background check on him, I started out and three weeks into trading with him, I’m enjoying every bit of it. Thanks for the referral.
It was difficult to predict how reliable Wes is on a short basis. But he has proven to be reliable and a great asset in my bitcoin journey.
Working with Wes I was a turning point in my life and if anyone out there is looking for the best place to trade, he is best at doing that.
Propel, do not reach that number up there. It’s fraud. Wes is the real deal.
NASA probably has like 3 Super Quantum Computer mining billions of dollars a day :D
+Aleksei Krasnov Alesnarovich The open nature of bitcoin would make this super easy to spot.
+Aleksei Krasnov Alesnarovich quantum computers do not exist at this moment in time.
+Aleksei Krasnov Alesnarovich if they would have a working quantum computer not just mere prototypes, even then it probably would be terribly slow at mining, as it would probably be a small machine, and no effective cpu architecture is availabe, and no software is made either optimized to quantum computers, and hashing requires a very very specific type of circuitry (see ASIC miners are the best for a reason)
in short NASA aint has shit but toys that they call grandiose names and throwing buzzwords all around
VoidMoth
Why does everyone try to prove me wrong?! It was a fucking joke.
+RealNukerity They don't have a functioning quantum computer that actually does anything. What are you talking about?
This was a really interesting video
But can you overclock it
TheFalseDemon You can, provided if you can supply enough power and keep it cool, so it may not burn
Asic miners are heighly powerful so no need of overclocking
An investment in knowledge pays the best interest."
How is the forex investment done.
Yes, forex investment, I heard it's very profitable
Yes, true but I don't know anything about.
I have heard so much about forex how does it work
Did I hear someone say forex?
I watched this video when it first came out two years ago, didn't understand it at all. Now that I actually own some BTC and other Alt-Coins this mini documentary has a whole new meaning and brings things into perspective, kinda crazy really.
Rayan McCaulay-Herzog right same here maybe well catch on faster nxt time something like this comes around lol
Hi, kindly check on the link below before you make any bitcoin move.
link goo.gl/4Ych5C
www profitfast online
They make approx $368,706 only a daily basis. Holy shit..
It's an incredible investment only if you can hash fast. These machines are now completely outpaced by a small room full of ASIC miners.
and here i am with 2 little servers earning a bitcoin once in a blue moon :(
they get like 5 bitcions a day 5*700=3500
There are other cons and problems, from what I've seen their great expenses and problems are 1) wages and salaries 2) electricity 3) locals (I'd be surprised to discover they own all the places they operate) 4) obsolescence (technology evolves every time, their miners must stay at the top of efficiency, their cooling system however just has to be "good enough") 5) increasing difficulty (the more it goes, the harder it gets, the more expensive the investment has to be) 6) volatility (the Bitcoin is not a stable money and thus there is a very high risk when your business is based on them).
Ludovic Pasqualini
All those power supply unit 4:47 are Cougar GX 80+ gold 1050W.
WB IsMe Cool story bro
WB IsMe omgggg give meeeeeeeeeeeeeeee!!!!!!! D:
twisty my fan is so dick that fan can put it in a hard
+Cody Whear 2011 called, they want their memes back.
It's funny because the joke you're using is older than the meme I used
7:22 amazing
This man has the best damn hair style I've seen in my existence
hes on another level
Derek This haircut comes from another universe... its to awesome4laif
Derek He's Rocking some Hideo Kojima shit or sumthin
Derek trump style
azri nor but his sides and back aren't short
Holy shit. I have no idea about people mining in this scale in China!
He's not worried about his identity because he knows they all look the same.
it is a proven but socially accepted fact that anyone of a certain race or species will find it hard to differentiate between creatures / people of another species, unless they spend a good amount of time with them/it to learn to differentiate them specifically. Even after that, they will not be able to tell the difference between the rest of the creatures/people from that race although they may have 1 creature/person that they can recognise out of their group. There is definitely more variation between white people than there is in a group of chinese people, which makes it harder.
white people all look the same
(Relinquish)
yikes - better get those eyes checked.
"whites" as you put it, have the largest variation of the human structure.
from skin, eye, hair color the math works out to thousands of "COLOR" variation
none of which "non-whites" posses.
your name is smith, how generic
kek
Motherboard I'd like to collaborate with you on some Bitcoin and crypto mining farm tours
Linus would use noctua fans for his bitcoin farm..
WOULD
linus had one
when it was profitable
secret place -> shows the city and road to get to the building
Sort of a click-baity title.
@@MilezAwxy 99% of traders loose their Investments due to high toxicity made by Brookers to ensure low profits
Whether you choose to begin with $100 or $1000 you're still open to blow Account within few days
Don't be decieved by TH-camrs who tell you they make millions of dollars through Trading
To avoid loosing funds,i strongly suggest you join copy trading,in copy trading, you don't have to trade, your trades are managed by professionals while your funds remain secured
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when somebody talk about money, suddenly we all speak the same language
Hamza Rehman so Fucken true! If this guy stockpiled his investment bitcoins he knew he made in the early days would be more valuable 4 years later he would be filthy rich now.
Damn mate there’s no LANGUAGE BARRIER when it comes to MONEY..
I recommend zlymohackers@gmail,com to anyone in need of a hack transfer,because i just made $70,000 from them yesterday..,,.,.,.
Money is always green.
Invest with Giftedhandscryptos com and lay back while she earns you huge profits on a regular basis, Dr Sarah Perkins has the best softwares and techniques to enable a successful trade. Do not hesitate to contact her if you're ready to make an investment
Why not invest in cryptocurrency while you learn how to buy. Bitcoin can be very confusing but my recent in trade on XNG/USD on a natural gas some other currency pairs, with expert Stacy Griffin on this trade I have made my profit.,
Nice words especially with the current rise
I think investing in crypto under forex will be the wisest thing to do now
I'm enjoying investing under a platform that brings good return in my life and I've been making my weekly return without stress all in crypto currency ❣️
I we recommend anyone in need of a reliable broker to make money, Stacy Griffin has been the one trading for me
I'm shocked someone just mentioned and recommended expert Stacy Griffin, all thought she's a nice woman
I have 1 BTC. I got it from some guy four years ago while doing some work for him online. I don't even know how to sell that thing. This is all so confusing to me.
Just send it to an exchange and sell it
ok ill give you 5k for it
Clorox Bleach No, like doing actual work. Some of us don't use internet just to jerk off into their socks.
JetLife Thank you. I'll look into it.
Emillie Rolland if I were you I would reinvest it in another crypto currency imo
Listen to it purr, its beautiful.
the people on the 3rd floor must be deaf
So they can get from $90K - $110K each day, good lord each day provides enough for the power bill each month lol.
I am more curious about what the guy is playing more than anything in this video.
Path of Exile.
Path of exile.(its free)
Path of Exile; the best arpg at this moment.
its litty
did anyone expect slavery?
jax yuen dude if you look at the guy on the thumbnail and look at the title "life inside a *secret* chinese bitcoin mine" HOW WOULD YOU NOT EXPECT SLAVERY
Magwitch Oo i mean maintaining the miners and shit
+Sonny Braem Why is it slavery? Do you even know what slavery means? The employee are getting paid, even higher than their peers working in other field, they are free to leave the job if they like at any time. They work in shift, so no overwork. Why is that a slavery?
Hudarsono Hu Do you even know what expecting means?
How is this slavery! What? That makes no sense
Can it run minesweeper?
Place a bitcoin in your ass.
Actually,no.The system presented in the video isn't powered by Graphics Cards.
#BITCOIN INVESTMENT
Just a reminder about what UPS price will be over the upcoming months!
*2019*
1 Jan $20.47
1 Feb $28.99
1 March $39.7
1 April $56.23
1 May $78.75
1 June $109.76
1 July $142.75
1 Aug $187.27
1 Sep $244.66
1 Oct $318.19
1 Nov $417.44
1 Dec $542.89
2020
1 Jan $712.24
1 Feb $938.35
1 March $1209.68
1 April $1587.04
1 May $2063.95
1 June $2707.79
1 July $3521.49
1 Aug $4620.00
1 Sep $6061.18
1 Oct $7882.59
1 Nov $10341
30 dec $13331
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Han Dika scam scam scam
Holy moly... that is one loud computer o.O
+BlackXbonE That's technically a whole bunch of computers but yeah.
+themanu they all work together as one massive super-bitcoin-computer.
BluebirdFLYs yes!
+cbrpnk that computerroom will burn down sooner or later o.O
+Big Brody dont think you understand how this works..... not to mention all of the precautions they have for keeping cool air flowing all desktop computers and parts in this case have a fail safe that they shut down before getting even close to the point of starting a fire.....
That 1.5 million is now worth 17 million
even if bitcoin crash and they sell off haft price ,they already had enough money to buy a fucking island
59 milion as of january 2018
Rini Misini holy fck I cry, too late, was too young, damnit :D
I October do you exactly the world of every bank account for visual basic information explore the shower so much
$150MM USD Jan 2021
*earthquake* *building gets destroyed* well fuck.
doesn't matter, you got your bitcoins and invest in something new
I remember buying the first BTCs in 2011… so many missed opportunities, that’s my biggest regret nowadays.
Back then my mind was to young to understand ...now as I’m
Older I realize to stay aware of everything happening around you now.
Thanks for your feedback. For More guidance W..h..T..S...A p..p
*+1...5...0...3...6...6...2...7...0...1...4*...
This computer still can't run Minecraft at more than 120 fps. Guaranteed.
Max S You are right. This cannot do anything but mine bitcoin.
See theory proven. I mean, this was basic logic since my 6600K and 1070 can't even run it at over 150 FPS on highest settings. Optimisation?
It is not because they aren't powerful, but bitcoin miners relies on types of cards that doesn't really compute what your CPU or GPU would compute. Infact, they are more related to their ARM brothers, meaning that they are set to do more specific tasks. It is like you have hardware to specifically work with minecraft and only minecraft.
Max S you are been searched on facebook,also you are taged as scammer
billionaires now
These people piss on one another and fiend over the stench of shit.
millionaires now
trillionaires now
i thank god for leading my steps and directing me to meet Mr Frank B Davis cause i was almost giving up on trading but in just only 3 weeks and 4 days of trading with him I've earned over $45,000, Cryptocurrency pays a lot when you have a good strategy in trading mining takes too long, so if you're having issues trading or you're not making as much as you want then you can reach him on phone and on WhatsApp +12675274619
well maybe if not they would be damn close to it I mean if you really think about it back in the day 1 bitcoin was stupid cheap like 200$ and when bitcoin hit its highest market per coin depending on how much you spend depends how much you received so if you bought 1 bitcoin and weighted till Dec of Last year that $200 coin was worth $20,000 so just imagine if you bought like $2000 worth of coin back in the day someone would be set for life
that is the sound of thousands of gpus crying out in agony
the ~1.5mil number at the start of the video is about 11mil now
Aslam Tajwala and about 65 million now
Timi Potokar dayum
well 21st century miner is no better than your coal miner
Why not use solar energy for electricity man, $80000/month on electricity. That will leave huge dent on your balance sheet at year end.......
He's playing Path of Exile, respect!
I like these guys :)
I hope Bitcoin will further establish itself, even if it remains a bit of a niche currency. No b.s. like quantitative easing there!
this aged well
Wow their life is so boring! Perfect job for me!
Left Right boring is underrated
Exactly
inane labour is the future
Me too!!
Hey Sponge Bob😂
How do I really invest in crypto and make huge profits , i'm actually confused here, can someone please help me out
Most time having knowledge or insight about a particular activity can as well be a pleasing exercise. I can boldly say that forex and crypto trading is one of the profitable money exchange services that elevates investors and their financial status.
@Tran Nguyen As a newbie I'll advise you trade under the guidance of an expert so as to reduce chance of lose till you get a working strategy for yourself
@Tran Nguyen Hello!!, I will advise you find an expert in forex trading around your vicinity to help you while you study the forex market. Forex trading is a process of which you have to understand these process before going into life trade
@@annienolen8175 Good one, being successful in forex requires trading with a good account manager, trading without an expert or mentorship blows your entire account off, talking out of experience
Please how do I find a good broker to Invest with, i want to invest in crypto but I don't know where to start, any recommendation?!!
Northern China seems like the ideal place for this business. Climate is cooler, Rent is cheaper, and business regulations aren't squandering your margins... 50% of this dude's assets are into Bitcoin though? He's rich now, diversifying his portfolio would be a very smart move. He made his money now its time to protect it.
they should move the plant to the u.s/Washington state some of the cheapest electricity on the globe if you register as an Industrial usage....... 0.04cents/kWh
待化的冰 they already have the equipment, and the founder/ceo has said he pays his workers top penny (wouldnt change) and the rent wouldn't be much of a change if he finds the right place.
+Michael Reisch moving cost/taxes
Good idea, maybe they could just build another facility in the US, instead of taking all their stuff with them and possibly damaging it. They have the money :b
待化的冰 and to keep you frozen
Guess he was wrong about the Chinese government supporting it! lolol
Not supporting it doesn't mean making it illegal. 43% of current crypto-currency mining comes from China atm. I am not a crypto-currency guy but this video and it kind of blew me away. Only in China!
@@golferchin76 "only in China" yeah for sure
Guess u haven't heard of Chinese gov speculation effecting BC value
Bitcoin is the future, Investing in it now will be the wisest thing to do especially with the current rise
How does this whole bitcoin thing work, I'm interested in it and I'm willing and ready to invest heavily in it but I'm gonna need an assistant from any trusted and productive professional
@@fernandezrodriguez2644
For real it's very profitable
@@fernandezrodriguez2644 I will recommend Charlotte Ann Trading Services for you their strategies is working for me at the moment and making good profit from bitcoin trading
Wow I'm just shocked you mentioned and recommended Charlotte Ann Trading Services, I thought people don't know them... they're really awesome!
@@laurelclone1905 Haha you don't have to be surprised Charlotte Ann Trading Services are really good and everyone loves genuine services, they've helped me recover what I lost trying to trade on my own
Oh well, these guys are billionaires now
be nice to KNOW?
anyone know the company name 3%?
anna dworska lmfao they were spending around 80k a month on electricity... even in 2015 they were making 100k profit MONTHLY. They’re for sure millionaires at this point.
@@TotallyTreeos they were making 1,5m/month ...
They got corona virus now
Imagine someone hacking his personal bitcoin account LMFAO
Ajax Lemon you can store them offline so they can't take it
luke france
Oh, I dont know to much about bitcoin, thats why I didnt know that. xD
sure he has the majority is in HW wallet like Trezor and I bet he's swapping on many different exchanges with the rest or trading too
Important news SCF FEYENOORD MAKES GOOD !!!
new ones
GOLDEN COIN ** Announcement comes in soon, you buy coins or start mining
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Https://developer.gulden.com/mining/
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Https://coinmarketcap.com/currencies/gulden/
What is the new Dutch Golds (NLG)? How can I buy this?
The gold with the abbreviation NLG is a new decentralized
Cryptocurrency based on a specially developed DELTA-encoded PoW algorithm with its own blockchain.
The Dutch Golds in this new cryptocurrency form is also known as the Gold Coin.
The Golden Coin and the NLG are the same crypto coins with the same blockchain.
NLG Buy gold A total of 1680 million guilders can be dug.
170 million guilders are reserved for the development of the
NLG as a crypto currency for a moneyless society. It's a young cryptogeld project and everyone can dig NLG.
There is a block price of 100 NLG. It is a new competitor for e-Gulden or the EFL.
For more information: Buy the e-Gold (EFL)! For the record.
These coins have nothing to do with the old Dutch Golds,
Earlier issued by the Dutch central bank, or the real Dutch guilder as the golden ten. No,
It is decentralized cryptogeld, digital money.
Where can I buy the NLG?
If you already have bitcoins, you can use the Changelly Crypto Exchange widget below to get below the advantage of NLG.
You send them directly to your Golden wallet.
Do not you have any? Then click here: www.gulden.com
You can donate in GOLDEN to give me a beer for the information
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Hows that any different to hacking bill gates bank account
I have been making losses Bitcoin trading on myself
I thought trading on DEMO ACCOUNT is just like trading the real market
Can anyone on help me out or at least advice me on what to do? 🙏
Lack of trading discipline is the primary reason for trade losses
it is estimated that nearly 80-85% of nowadays traders end up losing money in the stock market
Experiencing loss is also part of the game but that don't mean you should give up
my advice to new beginners and busy investors who have little time to monitor their trades is to trade with professional expert on profitable platform
it's the best strategy you can really engage on..
Speaking of guide I suggest you reach
out to Expert Mrs Charlotte Russell
from cryptofx-trades she is my guide
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her services is amazing
My first investment
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I lost £ 1200 carelessly trading on my own
then I was refered to Mrs Charlotte
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After 7 days of trading with Mrs Charlotte
Really! you all know her too?
I have been investing with her
I'm from England! I thought I'm the only one she has helped through the fear of forex trading
I invested £ 11000 and had a profit of
£ 98000 in a space of 4 weeks
The performance on that Path of Exile client is unreal
2 years ago they laugh at us , today 2017 we flip the finger to them
the bubble always pops eventually.
I knew the day will come for bitcoin
And it wil crash.
Yeah, it'll hit 30k, and CRASH down to 15k. Then it'll hit 75k, and CRASH down to 50k. Then it'll hit 200k, and CRASH down to 100k. Damn bubbles :^)
well we will see but i don't trust 100% it will crush ( i think chances are very,very,very small ) but bankers are going to get their dirty noses in there and we can't underestimate them.
i get angry when I remember that I saw bitcoins for sale at $20 each and I was like... "nah, ill wait a little more to buy it" and let it go.. 2 years later it reached almost $1200 each. Trust your guts guys!
+Mike Wollinger I used to mine them and sell them for $8. I actually bought a couple US Gold Double Eagle (one-ounce) coins for $315. I sold them a few years later for $1,000 each and thought I was a genius. Then the price went over $1,700.
Still made profit.. nice!
+Mike Wollinger I bought 1200 coins for barely $400 back in the day when I was 12 or 13, figuring it would be absolutely huge, as I was familiar with the potential in regards to illegal activities.
Because of family troubles, to say the least, I lost access to the account and it fell into the abyss entirely because of my parents bad choices. It's a funny feeling having lost the equivalent to around 1.5million dollars worth of bitcoins at the time I believe I would have sold out.
Worst thing is the opportunity will never come again. If the charts speak it, and it's new, the worst your outcome can be is cashing in too soon and having to wait awhile to actually make a true profit.
Never again will there be a 5000x return within a couple years. At least I learned to truly never trust anyone with my finances because everyone is poor and working shit slave jobs for a reason. wew lad
Zachary V that sucks pretty bad but why not recover your wallet?
+Mike Wollinger a story of my life lol
It is important to remember that trading is a risky business and that mistakes cost money. The mistake you can make, is to risk more money than you can afford to loose
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Two basic emotions tend to control the action of many trader's: fear and greed. That's why it's always to advised to seek help from professional to help you trade better. Mr Dan Raziel handles my investments for me. He is very good
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I had a similar setup at home. stopped after 1 year due to the price going down and was a fire risk.
today, if they are still getting say 4050 bitcoins, thats now $10,664,847 a month usd
i doubt it because blockchain difficulty increases... unless they still solve the blockchain first, but that would require better hardware so they would need to spend a lot to upgrade. undoubtedly though I imagine that they still are making a profit
Buddy, that is 3 months ago. Its value around 26 million usd now haha
And they still have those mined bitcoins until now. Cause they only sold 50%
Tony Anastasi today its over 7200
Moduhlize what is a blockchain, like how are they actually getting bitcoins I don't understand