Rainy Season Is Tougher Than Ever for China’s Bitcoin Miners.

Despite this year’s tough market environment, some are still bullish over the long term and are rolling out products to attract investors. Jiang Zhuo’er, CEO and founder of mining pool BTC.Top.

https://www.coindesk.com/the-2020-rainy-season-is-tougher-than-ever-for-chinas-bitcoin-miners

Bitcoin mining facility, from CoinDesk archives

Principal forces that drive the Bitcoin mining industry.

After a decade of barbaric growth, the mining industry is at crossroads. The entanglement of the three forces produces unpredictable short-term variances, but over the long-term as Bitcoin integrates deeper and wider with the rest of the economy, mining will become more competitive and resource-intensive.

https://www.aniccaresearch.tech/blog/bitcoin-minings-three-body-problem

Biggest Top Secret Russian Bitcoin Mining Farm (With images ...

A day using money in Cuba.

She discovered that she can use bitcoin to top up people’s phones on bitrefill.com, and she can charge for this. For every 100 dollars she receives in bitcoin, she gets 120 CUC in cash from her friends whose phones she tops up. Ira is quite pleased that she has found a way to arbitrage the currency exchange. If she got paid via Western Union, she’d lose 15% of what the agency pays her. This way, she makes 20%.

https://medium.com/@sobradob/a-day-using-money-in-cuba-aa484d8ca7fd

Inside look into Russia’s biggest Bitcoin mining farm.

Bitriver, the largest data center in the former Soviet Union, was opened just a year ago, but has already won clients from all over the world, including the U.S., Japan and China.

https://www.bloomberg.com/news/features/2019-11-24/seo-inside-russia-s-largest-bitcoin-mine

Russia's Largest Bitcoin Mine Turns Water Into Cash (With images ...