4 factors to consider when choosing an industrial-scale Bitcoin mining location By Cointelegraph
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Large-scale miners are the dominant players in (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets has grown to over twenty industrial-scale mining farms across the globe in just eight years. Every quarter, we continue to scale and build more.
You may think that because mining happens digitally, you can plant a farm anywhere in the world. And while you can mine Bitcoin from anywhere, having on-the-ground operations takes more thought than just setting up shop wherever you like. Whether you’re looking to start your own farm or scouting out farms to invest in, location is going to be the make-or-break factor of your mining operations.
Abdumalik Mirakhmedov is the executive chairman and a co-founder of Genesis Digital Assets, a Bitcoin mining firm. He is a tech investor and seasoned manager with a focus on digital assets and artificial intelligence industries. Abdumalik has more than 15 years of management experience in public and private companies. He combines his expertise and confidence in Bitcoin to build the most successful global crypto mining company.
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Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Large-scale miners are the dominant players in (BTC) mining — we should know because we are one. Having scaled up from a set of mining rigs in my dorm room, our team at Genesis Digital Assets has grown to over twenty industrial-scale mining farms across the globe in just eight years. Every quarter, we continue to scale and build more.
You may think that because mining happens digitally, you can plant a farm anywhere in the world. And while you can mine Bitcoin from anywhere, having on-the-ground operations takes more thought than just setting up shop wherever you like. Whether you’re looking to start your own farm or scouting out farms to invest in, location is going to be the make-or-break factor of your mining operations.
Abdumalik Mirakhmedov is the executive chairman and a co-founder of Genesis Digital Assets, a Bitcoin mining firm. He is a tech investor and seasoned manager with a focus on digital assets and artificial intelligence industries. Abdumalik has more than 15 years of management experience in public and private companies. He combines his expertise and confidence in Bitcoin to build the most successful global crypto mining company.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.