Post
Topic
Board Nigeria (Naija)
Re: Challenges and potential solutions for bitcoin mining in Nigeria
by
Odohu
on 13/08/2025, 19:44:48 UTC
All this involves the government intervention if possible they decides to build a local market for mining gear and experts in Nigeria, it will make our country Nigeria a major crypto mining country in Africa.
I don't know the government you are expecting to roll out interventions in cryptocurrency mining through provision of mining gear and other things, are you referring to the government that have banned Web access to crypto exchanges or the one that froze the accounts of some people they confirmed to be dealing on cryptocurrency? What is working against mining in Nigeria is more than what supports it. The only area that makes Nigeria suitable for mining is the possibility of cheap energy in the form of renewable but that is mostly in Northern Nigeria but then you have insecurity as well threat to that. For your own good, just bury the idea of mining in Nigeria before the government frustrate you one day by accusing you of being responsible for the crash of the Naira against the dollar.