Which country is the best one for setting up mining farms?

[AGD]

What about Iceland? Cheap energy and cooling.

[1715453828]

1715453828

[1715453828]

1715453828

[1715453828]

1715453828

[1715453828]

1715453828

[1715453828]

1715453828

[deviltasha]

I think it will be really difficult to replace China.

[giogio0504]

I think Canada is the best alternative other than China.
Low rate, natural cooling etc.

I think mining farms will be more profitable if they are located on Africa and India because the electricity rate is more cheaper than other countries I think.But im not an expert in the mining and it's profits,I will looking forward for the suggestions of this thread to know more about best place to build mining farms.

It is interesting if there are any mining farms in Africa, and whether it will be safe to have mining farms there? 

[Nunoluck]

Maybe venezuela, country which low cost of electricy is very good. Mining bitcoin is consuming very much electricity. Maybe some people will turn to run masternode rather than mining bitcoin because masternode also give a lot of passive income.

[fanhuaijiao713]

I think Canada is the best alternative other than China.
Low rate, natural cooling etc.

I was contacted by Chinese medium-size mining operators. Let me know if you have connections.

The Chinese government has already cleaned up BTC's minerals in policy.
The recent decline in BTC has a lot to do with the transfer of Chinese minerals.
I think Japan should be a good mineral right now, and the government's strong support has led to the popularity of digital currency in this country!

[Dexion]

yes, china, kanada, japan is a good mining ranch place, but i think mining equipment also affects to income. if the mining tool is expensive then the income also reached $ 19000 every 2 weeks, and the cost of electricity paid even though expensive. so I see that if you want to get big profits from mining, then the location and tools should also support.

[antchains]

I think Africa is a good choice, of course, you need a strong enough relationship where to secure your mine. With solar charging, electricity bills may not matter much, but networking and security are worth thinking about.

[jazmuzika217]

I think Canada is the best alternative other than China.
Low rate, natural cooling etc.

I was contacted by Chinese medium-size mining operators. Let me know if you have connections.

Theres so many things to consider in mining. Electric bill, Internet connection and government. I think you have to find a country which has cheaper electric bill rate and a having a speedy internet connection on a cheaper price. It would be a great advantage if youre on a natural cold countries like Canada or Japan. You also have to consider the labor work rate for your personnel in the farm. And last but not the least, check it first if the country youve decided to go is accepting and allowing bitcoin in their country. Good luck!

[hl5460]

I think Canada is the best alternative other than China.
Low rate, natural cooling etc.

I was contacted by Chinese medium-size mining operators. Let me know if you have connections.

Theres so many things to consider in mining. Electric bill, Internet connection and government. I think you have to find a country which has cheaper electric bill rate and a having a speedy internet connection on a cheaper price. It would be a great advantage if youre on a natural cold countries like Canada or Japan. You also have to consider the labor work rate for your personnel in the farm. And last but not the least, check it first if the country youve decided to go is accepting and allowing bitcoin in their country. Good luck!

Japan is not a good choice. Quote from twitter: Japan is not a good location for mining. High electricity prices, high taxes and so on.

[hl5460]

I think Africa is a good choice, of course, you need a strong enough relationship where to secure your mine. With solar charging, electricity bills may not matter much, but networking and security are worth thinking about.

Been to Kenya once, power outage is quite often. Bribing officials might cost you dearly.

[hl5460]

Maybe venezuela, country which low cost of electricy is very good. Mining bitcoin is consuming very much electricity. Maybe some people will turn to run masternode rather than mining bitcoin because masternode also give a lot of passive income.

PoW will eventually dominates. How cheap is the electricity in Venezuela?

[e5p3r]

I think the best for setting up mining farms is China or a country near North Pole

[sangwookie]

I think canada but if you are going to go green, there are good islands in Korea if you can do solar power.

[senin]

For mining farms, two things are important: a relatively low temperature for cooling equipment and relatively cheap electricity. The Chinese themselves, after the threat of appropriate prohibitions in their country, found such a country that Canada found its province of Quebec. The natural and climatic conditions there are almost ideal for bitcoin mining.

[Ruthless67]

I think the best country to make mining is China, but if there are no countries where mining can be established in America, those who want to establish mining can mining Italy countries, but what is appropriate in that country is necessary.

[PrimeauxETH]

Canada its really cold, and its a secure country

[ACCOUNTSTRADER]

Maybe china can be the best option...

[eucalyptus]

Well in my country(Turkey) setting up mining farms could be very cheap. But on the east side of Turkey. Because government takes very low taxes from east side and in some cities they dont even pay for electricity.

[h55]

I think Russia, Cuba, Venezuela and newsstand is good places for mining for low cost of electricity 

[Sinseykoin]

Africa and India are more strategic territories than any other country. But I am not a mining expert and the benefits are, I am just trying to share my opinion on the thread that is discussing these farms and mining ...