Quote from: Sim_card on December 28, 2023, 10:37:47 AM

Cryptocurrency is now legal in Nigeria and this is a good news. Maybe this will also encourage individuals to go into mining. This will likely be hard to achieve because the cost of electric supply will be challenging, and also the lack of consistent power supply will be a big barrier for miners to be successful. In other countries where mining is profitable, there is constant electric supply at a cheaper rate. Nigeria is blessed with abundant solar energy but it will be very expensive to set up. It is also not advisable to depend on solar alone for mining because when there is no sunlight, like during the raining season or at night, work will not be done. If you want to set up a mining farm down here in Nigeria, that miner might run at loss.

This country is just so messed up that even if you have the opportunity set it up in a area with 24/7 power supply you will still face so many challenges mostly from government unless they don't know what you're up to, so is not advisable to set such thing in Nigeria maybe when the system changes but not this current Nigeria.