Fintech: The cold, hard facts of bitcoin mining

Soviet military bunkers in Kazakhstan and portable houses in Siberia linked up to the plumbing: Bitcoin mining is moving in some interesting directions that will become even more diverse as China cracks down on its domestic industry.

In a furniture store outside Irkutsk in eastern Siberia, an anarchist in jackboots and a Che Guevara hat is showing Euromoney a bitcoin mining rig hooked up to a bathroom boiler and expressing a hope that it might one day be used to evaporate human waste.

That is not the strangest scene in this article and certainly not the craziest idea – in fact it’s a very good one. But it is illustrative of some of the unusual directions taken by the young, entrepreneurial industry of bitcoin mining.

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