[2018-04-28] Eurasia’s Georgia is Experiencing Its Way from a Wine to Cryptocurr

[Vladdirescu87]

Eurasia’s Georgia is Experiencing Its Way from a Wine to Cryptocurrency Hub

Georgia, a country at the intersection of Europe and Asia, is turning into a cryptocurrency hub. While talking about bitcoin mining, some may consider China and Iceland to be in the lead, however, the second most profitable crypto mining country is Georgia.

Being well-known for its diversity of high-quality wine, Georgia is now being associated with cryptocurrency and bitcoin mining more and more. Such a change is possible for several reasons. Firstly, there barely exist any fintech regulations in the country. Secondly, hydropower is very inexpensive there.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/georgia-is-experiencing-its-way-to-cryptocurrency-hub/

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[CryptoBry]

What I am seeing is that there are now many small countries taking advantage of the benefits that one can get out of the current and booming cryptocurrency market. Just like Malta, I am sure that Georgia will be known globally as the place where cryptocurrency is given importance and given the freedom to grow and flourish. Many big countries including the USA remains to be be giving a cold treatment to cryptocurrency so other countries are using the opportunity. I am happy to see all of these happening as we are definitely moving away from the control of China and making cryptocurrency influence and power distributed to as many territories as possible.