Quote from: Lucius on Today at 09:42:33 AM

The first thing that comes to my mind when it comes to Africa and crypto mining are the temperatures that are actually very high in most of Africa which I guess raises the price of mining due to the extra cooling of the mining devices.

Yeah, but it's all about the price you get for electricity, throwing air outside is still a fraction of the consumption, 10 cents in Sweden or 5 cents in Arizona and people will choose Arizona, mikeywith is managing to somehow run those damn machines like this

Quote from: mikeywith on June 30, 2021, 01:07:18 AM

Allow me to praise myself, I did not have to shut down a single gear while temps here been ranging between 104F to 116.6F aka 40c to 47c even at night, many schools and businesses did shut down this week because of this,

Quote from: logfiles on Today at 11:36:58 AM

If it were that friendly to the domestic entrepreneurs, I think Mining in Kenya or Most African Countries would be a thriving business by now, but it isn't. When they talk about crypto Mining, you will hear about Asia (Mostly China). Europe and North America. Africa and South America rarely come up in the
mining conversations,

I have a feeling South America will definitely take the 3rd sport from Europe if it hasn't done so already, Europe has no cheap power while there is a ton in South America.
https://bitfarms.com/app/uploads/2021/04/2021-04-19-Bitfarms-Final-Press-Release-Argentina-Expansion.pdf

Quote

 The Company has since signed a significantly enhanced power purchase agreement with a utility-grade private power producer in Argentina pursuant to which Bitfarms is entitled to draw up to 210 MW of electricity at its discretion. The initial term of the contract is eight years. During the first four years, the effective cost of the electricity will be US$0.022 per kWh.

there is no way for anything in Europe to compete with stuff like this.