Over 100 years ago, the southern Swiss village of Gondo was famous on the European continent for its gold mines. These days, the tiny Alpine location is becoming famous for its cryptocurrency mining operations.
Gondo only lays claim to a population of roughly 50 people but has become the site of a cryptocurrency mining gold rush — not entirely dissimilar to what took place nearly a century before. “What we are doing is very much like the gold rush back in the day,” Alpine Mining’s 26-year-old chief executive Ludovic Thomas told AFP from his undisclosed mining operation in a windowless, secure bunker.
“It is very interesting from a historical perspective,” Gondo’s deputy president, Paul Fux, told AFP. He added, “We had gold mines that were famous all over the world. Now we have a new breed of miners.”
The deputy president also admitted he had no idea what Thomas and his business associates were talking about …
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