Quote from: FP91G on April 22, 2025, 09:26:27 PM

Quote from: Mekie21 on April 20, 2025, 04:00:14 PM

Crypto Mining in Nigeria is quite promising cause most of the student in the university and others used this as a medium of side hustle, but that of electricity is a big set back to crypto miners. At lest our means of mining is quite affordable not requiring any hardware to do the paperwork just our phone and these phones are meant to stay active. Come to think of it, will the Government provide you electricity when they are fully into the petrol business, if they do their yearly revenue be will poor. For their own selfish interest electricity will still be a set back to miners in Nigeria

What does Government provide you electricity mean?
Will the government build new power systems for miners or will they give you limits in locations where it is possible?

Reading through this thread all the way from Nigeria and I can say that not everything on here is true, I've once ventured into mining business in Nigeria too and trust me it is worst.

Running miners in Nigeria is like running a lottery machine because the electricity is so epileptic to the extent that you will get bored turning your miners on and on when ever the electricity tripped off.

I switched to solar system too but it takes millions to set up a solar system for mining Bitcoin and believe me there is no amount of batteries can power few Asic miners when the sun is down till the next morning, it's all lies.

You will struggle to run a single Asic miner from evening till the next day before the sun is up, it's a bad investment idea, the only one thing that do works is mining with lower power consumption hardwares on solar and battery.

Hardwares starting from 100watt - 1200watts