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?
Your country and its weather is already perfect for bitcoin mining. Bitcoin mining already has the backing of the government which is like a go ahead for others join in. Asking why there are not many farms despite the advantages of it could be that bitcoin mining equipment cannot readily be sourced in the Mongolian market and maybe the cost of importation and entry for foreigners is very high so they just avoid it. Maybe there is high tax rate for bitcoin miners. There are just too many reasons. And asking if the government is trustworthy is a very valid question but I would need to know in worth sense do you mean if they are trustworthy? Taxes? Regulations?