That's incredible news! Securing electricity at $0.05 per KWh is a fantastic opportunity, and having the capital to invest makes it even more promising. Building an operation from scratch can be a substantial endeavor, but it's definitely worth considering given the favorable electricity rate you've mentioned.
Before you dive in, ensure you thoroughly understand the local regulations, infrastructure requirements, and potential challenges associated with your specific region or setup. Additionally, consider the environmental and social impact of your venture, as sustainability and ethical considerations are increasingly important.
If you liked the prices in Russia, then in Russia energy companies are struggling with home miners, so it is difficult to install more than 1 ASIC at home.
And now there are discussions about tariffs for miners. The state thinks that miners earn a lot, so they want to force miners to pay higher rates.
And whoever uses standard tariffs risks paying heavy fines. It is very dangerous to start mining now.
