Post
Topic
Board Mining
Re: About the construction of mining farm in Mongolia
by
dansus021
on 06/07/2023, 00:58:06 UTC
1. It is located near Ulaanbaatar, the capital of Mongolia.

2. Electricity rate $0.02/kwh (floating)


Sounds like a great plan, cheap and stable energy is the best foundation to get started. However, let me just take into account the halving coming in less than a year for your profitability calculations.

is actually a good plant but the  Electricity rate is floating and like you have said next year is halving so the OP should need an efficient miner so he can back the Break-even point in less than a year. Oh also don't forget about reliable internet connection


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

2. Is the Mongolian government trustworthy?

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

if like you have said "government recognizes bitcoin mining as a legal industry." why you have to worry about if legal just fill the gov. paper and start doing your business. Im rarely know there is farm in Mongolia but i do hear farm in kazakhstan