China is losing control of their dominance over bitcoin mining. The cost to mine a bitcoin has risen significantly, while the price of Bitcoin has fell drastically. This can be considered the bitcoin mining death spiral. Many small to medium sized miners are shutting down their operations, and selling their machines to other operations where the cost of electricity is low and it is still profitable to mine bitcoin. Bitmain has been facing many problems: accusations of mounting debt, rumors that they are losing their chip manufacturer, and offices shutting down worldwide. Is Bitmain shutting down? Tune in to find out all the details of Bitcoin mining worldwide. It’s a changing landscape, and understanding it make you that much more ahead of the game. Game over? The games have just begun!!!
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https://goo.gl/5xKRCC⏰ Time Stamps ⏰
00;08 Beer Intro: Kona Brewing Co. Island Lager-Hawaii, USA
00:37 Bitcoin Mining Costs From Different Countries
02:41 State of Bitcoin Mining In China
03:22 Chinese Miners Abandoning Operations?
03:36 Chinese Mining Pool f2pool Response
04:04 Video of Chinese Miners Disabling A Whole Operation-Fud?
05:05 f2pool Respond Again on the State of Bitcoin Mining
05:33 How is Bitmain Hodling Up?
05:57 Is Bitcoin Mining In China Really Dead?
07:05 Bitmain Is Facing Stiff Competition From Samsung
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About the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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