I'm sure by now, everyone has heard of that Bitcoin mine in Thailand which went up in a puff of smoke on October 14th that didn't have a dime of insurance to cover it.

The 5MW facility housed thousands of miners, with at least reportedly at least $2M from Spondoolies alone.

According to sources, the miners continued to run as the building was ablaze, each failing one-by-one like popcorn kernels in a microwave.

Upon hearing the news, the Bitcoin community was eager to pounce on the group that ran the mine, CowboyMiner, blaming them for their misfortune. Here are some comments from Coindesk:

"Arson" my ass! "No short circuits" my ass! That is a tremendous fire load stacked way too close together.

Here's another:

The build quality of this "rig" looks very familiar. A glance around eBay will reveal any number of no-name electronic products direct from China with a strong impression of quality. Welcome to the data centre of the future. We don't need no stinking 19" racks or triple levels of physical security. A garden shed with a bloody great fan bolted to the side will do just fine.

Tough crowd, huh? But is the criticism justified or are people simply looking for a way to savor a drop in the network hashrate?

Unfortunately, it looks like there are some issues with the mine's design. The engineering firm that ASICSPACE is partnered with in the construction of it's new data center made the following comments when I showed them the above picture: