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I'm genuinely interested in learning from your experience. Could you please share the advanced techniques and strategies you've employed to tackle the growing challenges of increasing difficulty and competition in Bitcoin mining? How have these approaches helped you maximize the profitability and sustainability of your mining operation? Your insights could be valuable for others looking to enhance their knowledge in this area, Like I am.
Assuming that your country's mining laws and regulations are ok, you'll still need to :
-Have access to cheap electricity
-Have access to contracts that deliver sufficient electricity volume
-Have a safe and protected location
-Understand the air circulation in your location
-Having a trusted board repairer nearby
-Having a trusted ASICs reseller
-Choose a pool that shares tx fees to miners
Apart from these points, which for me are the basics for starting an operation, I don't see what strategy you want to "choose" ?. Choose your algo/asics, your coin, and just mine.
But if you do not have the opportunity to purchase cheap electricity, then all other items on this list immediately lose their meaning. In Russia, mining developed because in some regions the cost of electricity is 1.5-2 cents per kilowatt. But after scandals and breakdowns of household transformers in residential areas, they are fighting against miners. If mining is discovered, the equipment will be confiscated
