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Possibilities of a profitable Crypto mining farms in Africa
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[QUOTE="Sotherefore, post: 200396, member: 27033"] All the things you mentioned are not really necessary when you are minning of cryptocurrency , The only important thing is the electricity and base on my observation Africa does not have the required electricity that is needed to mine cryptocurrency successfully because most African countries do not have constant power supply then how will they be able to mine cryptocurrency when they cannot even provide constant power supply to all the citizen ? I heard on the news that meaning of cryptocurrency require more electricity more than what Amazon on Google is using and you can imagine the amount of electricity that will be needed to mine a cryptocurrency, based on my observation Africans may not be able to provide the required energy that is needed for this to take place.. cryptocurrency mining is more complicated and even some countries are trying to avoid direct mining of cryptocurrency, if it was really possible for every countries to consider mining of cryptocurrency other countries with stable power supply together their ability to generate electricity will be able to consider it but bitcoins and mining of other cryptocurrency takes a lot of energy and sometimes can pollute the atmosphere if not properly done. [/QUOTE]
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Possibilities of a profitable Crypto mining farms in Africa
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