Child Labor in Bitcoin Mines Exposed
Bitcoin skeptic and liberal mouthpiece Bloomberg News was up in arms today after a report from Labor International documented poor working conditions in Bitcoin mines in the developing world. ?There is widespread abuse? one investigator reported.
?Children are being forced to mine for blocks to add to the master block chain. But the difficulty is astronomical. These kids don?t even earn the transaction fees they?re mining for.?
Child labor in Bitcoin Mining has long been a staple of the industry. An owner of a mining outfit explained, ?The blockchain was built off the sweat of child labor. I can get a solid 1, or even 2 hash per minute from each kid. Give them an abacus and it skyrockets to 3 or 4 hash/minute. Do you have any idea how many idle children there are in India? That?s a lot of Satoshi.?
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Full story here...........................
ref:
http://www.coinion.com/2013/12/11/ch...mines-exposed/