In the Kentucky Mountains, a Bitcoin Mining Dream Becomes the Stuff of Nightmares

When bitcoin was on a hot streak, owners of small industrial facilities in Kentucky struck up crypto mining partnerships with Chinese companies. Then things fell apart.

By: Wired

Oct 22 2024
39
4361 Views

In the Kentucky Mountains, a Bitcoin Mining Dream Becomes the Stuff of Nightmares — In the Kentucky Mountains, a B

In both cases, Biofuel claims, the firms shipped equipment from China to its hosting facility in Eastern Kentucky, then walked away with the bitcoin produced, leaving behind hundreds of thousands of … [+2717 chars]

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