Post
Topic
Board Mining
Re: About the construction of mining farm in Mongolia
by
sysoe
on 04/07/2023, 06:16:22 UTC
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?
Maybe most people just have limited awareness and knowledge about the potential benefits of mining in Mongolia. I've also read some conflicts between miners and pastoralists over the use and control of land and water resources.