Hello fellow miners
,
Here is a story I would like to share about the mining adventures I experienced in Kyrgyzstan a couple of months ago.
Quick summary:
Crypto, mining, all that is legal and welcomed.
Relatively cheap hydro power plants can be built, the government supports these initiatives and buys power from such plants, but some people opt into mining.
If you have capital, consider this location.I arrived at the airport in Bishkek, Kyrgyzstan sometime in August. The weather was hot and the taxi drivers were trying to charge a fortune, but luckily someone was meeting me there.
Later this day I walked through a city for a bit.
In the evening we went to a restaurant for a light dinner.
I couldn't wait to start working but my local partners assured me that this is the work. Having food with each other is no less important than sitting behind the computer.
That sounded reassuring, so we continued with heavy drinking at the karaoke bar.
In the morning I found myself in a car on a way to the mining farm that is located in the west of the country.
The landscape was fantastic.
Horses:
https://youtube.com/shorts/wMgZWikwi5MMountains:
https://youtube.com/shorts/o51Ujckm2O4Then we stopped at the hotel.
I took few more videos in the morning to show how the beauty of the place.
More mountains:
https://youtube.com/shorts/Y42Tr39irH4River:
https://youtube.com/shorts/XV-XGZBM3osBreakfast:
https://youtube.com/shorts/hBMpeMzZk-UThen we continued our trip and finally arrived at the mining location.
https://youtube.com/shorts/LYFWIROoVa4We spent a few days there to set everything that's needed to begin mining.
Although the weather gets pretty hot, other socioeconomic factors make this place very appealing.
Total hashpower is over 450 Petahash
.
We launched it all pretty fast using our own software, which also monitors the machines. Hopefully we will have the time to release it in form of a web platform for public use in 2025...
Later we left the place and headed to check someone else who bought some land and building their own mini hydro station.
This river is expected to generate up to 18 MWh:
https://youtube.com/shorts/in82kqyS1rAThe cost to build such thing is about $1M/Megawatt using proper techniques, material, and equipment.
Checking the dam:
https://youtube.com/shorts/Wj71RYeQp2EThe guy even rolls his own pipes to save on transportation costs! Amazing.
Conclusion:
Industrial miners as large as Bitmain do not like to consider locations with less than 30MW. But for us, not yet spoiled by the big money (unfortunately), such places as this offer an opportunity.