Bitcoin mine burns down in Thailand

Discussion in 'Digital Currencies' started by TreasureHunter, Nov 10, 2014.

  1. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
  2. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    First thing I thought of was a virtual mine... virtually burning down and all those bitcoins popping in the flames
     
  3. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    3.6 million in hardware. Ouch
     
  4. thatguy

    thatguy Active Member

    Joined:
    Jan 18, 2011
    Messages:
    5,805
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Brisbane
    In sewer ants
     
  5. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
    if they had the brains to setup this operation the coins wouldnt be stored locally so doubtful there was any coin loss. massive hashrate loss to the network though as the article explains.
     
  6. TreasureHunter

    TreasureHunter Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    4,499
    Likes Received:
    1,182
    Trophy Points:
    113
    Location:
    Treasure Island
    Someone could have stolen their coins and then set fire to the factory...

    I suppose they had the coins saved in some backed up wallets at other locations.

    I don't know what happens to "lost" Bitcoins. Do they get lost forever?
     
  7. dozerz

    dozerz Well-Known Member Silver Stacker

    Joined:
    May 21, 2013
    Messages:
    2,247
    Likes Received:
    1,203
    Trophy Points:
    113
    Location:
    straya
    your posts on crypto get more ridiculous by the day.

    maybe the hamburgler stole all the cheeseburgers from mcdonalds and ran off with ronald...id love to know what kind of economist area you work in.
     
  8. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    Who said the swiss are not funny !!! :lol:
     
  9. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    Won't someone think about the miner's families!
     
  10. Dabloodymess

    Dabloodymess Active Member

    Joined:
    Jul 7, 2010
    Messages:
    1,347
    Likes Received:
    2
    Trophy Points:
    38
    Location:
    Russia
    I doubt the fire was lit on purpose... it is more likely to be the fault of shoddy Thai electricians.
     

Share This Page