can we in Africa really successful mining bitcoin.

[gentlemand]

i think it's not because they're having any advanced technologies or anything else because i think their rig was the same as what people use in different countries,they're having cheap electricity that could make them optimizing their profit while in most of europe or america electricity is quite expensive

The design and manufacture takes place in China. I think the chances are that they'll keep the latest and fastest mining rigs for themselves. Why give up an advantage?

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[yakdivine]

Chinese are doing will because they have advanced technology. One day we in Africa will develop to that level and we will become the grand master of bitcoin and other coins.

i think it's not because they're having any advanced technologies or anything else because i think their rig was the same as what people use in different countries,they're having cheap electricity that could make them optimizing their profit while in most of europe or america electricity is quite expensive

you have spoken the truth

[mobnepal]

Most of the developing countries as well as africa have high electricity cost and there will be lot of security risks about getting mining device stolen. So it may not be profitable to start mining bitcoin in african country as well as in developing countries like here in Nepal.

[Daffadile]

If you going to take mining seriously then you will not have a problem with starting your mine farm in whatever country is cheapest. So simply just do that. You may need someone trusted to look after them unless you move to that country.

[wikenpp]

If you going to take mining seriously then you will not have a problem with starting your mine farm in whatever country is cheapest. So simply just do that. You may need someone trusted to look after them unless you move to that country.

Yeah you have to look at the country and it's climate. The energy is very cheap in africa, but without proper cooling your miners will be dead within a day. Yes that fast, because the heat in africa without proper cooling will kill your miners. And so you must buy extra cooling equipment, which on their turn also use also extra electricity.

So my guess the best country for a consumer is china. Save money on transportation and energy, all at once.

[a7mos]

most of Africa countries do not have a good and stable electricity networks. so here is the main problem. also mining difficulty nowadays is very high and you may not be able to get you ROI even after a year

[JeffBrad12]

Chinese are doing will because they have advanced technology. One day we in Africa will develop to that level and we will become the grand master of bitcoin and other coins.

i think it's not because they're having any advanced technologies or anything else because i think their rig was the same as what people use in different countries,they're having cheap electricity that could make them optimizing their profit while in most of europe or america electricity is quite expensive

you have spoken the truth

behind of the electricity is so cheap we need for considering about the another factor can giving an impact for the mining rig like the temperature, because that is so important and will define how long your mining rig is can be alive.

[quit_gambling_for_good]

I think any part in the world can mine bitcoin, as long there is electricity and provided you have a good pc.

[Kakmakr]

can we in Africa really successful mining bitcoin?

What are the similar advantages an African country will be having when compared to China?
African countries are known for its very hot climate, so bitcoin mining would be a big challenge as cooling process would be significantly difficult. I guess only few African countries will have the saturation levels in electricity power generations and no known data on cheaper electricity across African countries.

In Africa it's so hot..... and the temperature of an environment in Africa is not worth for mining at this time and like he are saying you will need a more of a fan for cooling your mining hardware.

There are some areas at higher altitudes, which might be suitable for mining operations. Mount Kilimanjaro, in Tanzania. It is the highest mountain in Africa, and rises approximately 4,900 m from its base to 5,895 metres above sea level. Also, Sutherland is the coldest town in South Africa, with an average yearly temperature of 11.3 °C and an average annual minimum temperature of 2.8 °C.

Lesotho located in Southern Africa is the coldest country in Africa. The Lesotho Highlands Water Project (LHWP) is an ongoing water supply project with a hydropower component.

We have done some research to see if Bitcoin mining can be profitable in Africa, and it seems as though this might just be a option, if you can find the correct location. ^smile^