Lens1000
VIP Contributor
Cryptocurrency mining is no doubt a very profitable and also a very lucrative business. Georgia tapped into the fortune in the crypto mining by making itself the cryptocurrency mining hotspot in the United States
Georgian cryptocurrency miners accounted for 34% of the computing power in Foundry USA's mining pool as of the end of January.
This result was made public in a news briefing in Georgia. The mining hub for bitcoin specifically used to be Miami, this was due to robust steps taken by Suarez, the mayor of Miami on cryptocurrency. He made history during the total crackdown on mining activities China, by inviting the embattled miners in Miami to come continue their mining business.
Georgia offers a number of benefits to bitcoin miners, including low energy rates from renewable sources such as nuclear and solar power. This is the most agitated means of powering the mining farm, to ensure environmental friendly power. While this allows mining firms to market themselves as environmentally sensitive, it appears that state governments are supporting the miners achieve their set goals by providing an enabling environment, since they have chosen the renewable means.
Many people have adopted various ways to mine legitimately but for me, mining is a no go for small investors.
What's your take on this?
Georgian cryptocurrency miners accounted for 34% of the computing power in Foundry USA's mining pool as of the end of January.
This result was made public in a news briefing in Georgia. The mining hub for bitcoin specifically used to be Miami, this was due to robust steps taken by Suarez, the mayor of Miami on cryptocurrency. He made history during the total crackdown on mining activities China, by inviting the embattled miners in Miami to come continue their mining business.
Georgia offers a number of benefits to bitcoin miners, including low energy rates from renewable sources such as nuclear and solar power. This is the most agitated means of powering the mining farm, to ensure environmental friendly power. While this allows mining firms to market themselves as environmentally sensitive, it appears that state governments are supporting the miners achieve their set goals by providing an enabling environment, since they have chosen the renewable means.
Many people have adopted various ways to mine legitimately but for me, mining is a no go for small investors.
What's your take on this?
