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Title: Is it really safe to invest mining data centers in north America? Post by: TCW003 on October 12, 2021, 01:29:17 AM Hi guys, hope you are all good in crypto mining so far.
With the mining farms close down in China, many investors move their investment from China to other countries, and the USA and Canada are the 2 hottest regions that investors choose. I'm thinking even that China already declared its attitude about crypto mining, other big countries such as the USA and Cannada will allow it developed in their countries? Because it's true that crypto mining is consuming a lot of power, which is opposite to the global trend of 'environmental'. I'm not sure if we should be confident about its long-term development, even out of China. How do you think? Title: Re: Is it really safe to invest mining data centers in north America? Post by: philipma1957 on October 12, 2021, 02:39:55 AM Hi guys, hope you are all good in crypto mining so far. With the mining farms close down in China, many investors move their investment from China to other countries, and the USA and Canada are the 2 hottest regions that investors choose. I'm thinking even that China already declared its attitude about crypto mining, other big countries such as the USA and Cannada will allow it developed in their countries? Because it's true that crypto mining is consuming a lot of power, which is opposite to the global trend of 'environmental'. I'm not sure if we should be confident about its long-term development, even out of China. How do you think? 40-50% of the natural gas in texas is simply burned off due to the cost to build piplines so building farms and using that wasted gas is a natural. that is an old idea I help a guy do this in pennsylvania back in 2016. now ted cruz is talking about it for texas. USA has a lot of gas that is burned off. So I think 🤔 USA is fairly safe. Title: Re: Is it really safe to invest mining data centers in north America? Post by: TCW003 on October 12, 2021, 03:50:41 AM 40-50% of the natural gas in texas is simply burned off due to the cost to build piplines so building farms and using that wasted gas is a natural. that is an old idea I help a guy do this in pennsylvania back in 2016. now ted cruz is talking about it for texas. USA has a lot of gas that is burned off. So I think 🤔 USA is fairly safe. That's to say, the only risk is that more taxes on it if running machines in the USA? |