A severe flood destroyed a large mining farm in China

by in Blockchain News

China mining farm

In the Chinese province of Sichuan as a result of heavy rains began floods and landslides, as a result of which a large mining farm was destroyed. A video of the incident has already been posted online.

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In the next video, you can see how employees of the facility dig up mining devices.

Some users questioned the authenticity of the video, as last year there were also floods in the province that seriously damaged the miners. Nevertheless, the information was confirmed by Red Li, the founder of the 8btc media portal.

Note that on August 19 the bitcoin hashrate updated its absolute historical maximum at around 82.5 EH/s. Since then, the figure has dropped to 77.4 EH/s, but it is not known whether this is due to the incident.

Previously, police closed a large mining farm and confiscated 4,000 devices in Zhenjiang, in the eastern Chinese province of Jiangsu. The reason was the theft of electricity for 20 million yuan ($3 million), the largest in the history of the region and one of the largest in the whole country.