Proof-of-Burn: Bitcoin Mining Company in Thailand Destroyed by Fire

By November 8, 2014Bitcoin Entertainment

SHA256 ALGORITHM HASHRATE: 307 Ph/s Cowboyminers, a Bitcoin mining company located in Thailand, has been completely destroyed by fire .

The five megawatt facility was located in Bangkok and had more than 2,000 active miners at the time of the fire. Cowboyminers was a mining co-op which relied primarily on Spondoolies-Tech and Innosilicon hardware. According to local authorities there were two security guards on duty at the time of the blaze and foul play has […]

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