On July 7th and 8th, I organised a private tour to Bitmain's mining facility in Inner-Mongolia and Bitmain HQ in Beijing, China. It was a group of Bitcoin thought leaders from mainly from Japan together with some investors, Bitcoin Unlimited members.
Purpose of the trip was to look at what Bitcoin's mining farm is like and also to discuss and exchange opinion with Bitmain's senior managers including Jihan Wu, CEO of Bitmain. Unfortunately, some people in the Bitcoin community say thoughtless things about Bitmain and Jihan. So, I wanted to provide an opportunity for myself and fellow colleagues and form our own opinion.
Day 1 was the mining farm visit in Inner-Mongolia. It is about a two-hour flight from Beijing and we took a two-hour bus ride from the airport to the site.
On this particular site, each building houses some 4,000 ASIC S9 and there are 9 warehouses. Bitmain operates 10 locations throughout China today and they are very busy building lots more this year. They employ 800 people in total and are one of the biggest Bitcoin companies in the world. I think they have a huge vested interest in building the long term sustainable Bitcoin eco-system. What do you think?
