Mongolia Continues to Attract Bitcoin (BTC) and Crypto Miners

Bitcoin (BTC) and crypto mining needs the perfect balance of energy costs and revenue to be a viable investment venture. In the case of energy, cheap rates are preferred. There is also the aspect of cooling the mining machines that is usually taken care of by air conditioning in traditional data centers. But why use extra energy when you can use naturally occurring cool air found in specific regions and/or countries across the globe? With the price of all cryptocurrencies decreasing in the current bear market, reducing operational costs of mining is very desirable. Why Mongolia Has Emerged as the Preferred Mining Destination This is where Mongolia is emerging as a preferred destination for crypto miners to set up shop based on the two factors of cheap electricity and cold weather to aid in cooling. These ideal conditions has attracted a number of Japanese miners one of which is the…

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