Post
Topic
Board Mining
Re: About the construction of mining farm in Mongolia
by
w749161356
on 30/06/2023, 09:51:33 UTC
My plan is to buy some used miners (similar to M31S M21) from China at a low price, around 1000 units.
I apologize for asking imperfect questions.

Here is more information:

1. It is located near Ulaanbaatar, the capital of Mongolia.

2. Electricity rate $0.02/kwh (floating)

3. Stable coal supply electricity and the government recognizes bitcoin mining as a legal industry.


I have some questions about this information:

1. very obvious advantages, why there are not many farms there?

2. Is the Mongolian government trustworthy?

If the government there recognizes Bitcoin mining as a legal one, it can be said that it is a good sign that you can build Bitcoin mining in that country where you are located because your kwh is also cheap there, it is only 0.02$ that is cheap as a place to will perform mining in reality.

Now how many mining rigs do you intend to mine there dude? I'm just asking.