Georgia crypto mining’s potential: What’s driving growth in the industry? By Cointelegraph


Georgia crypto mining’s potential: What’s driving growth in the industry?

Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining?

Despite its small size and population, Georgia has become a popular spot for cryptocurrency mining thanks to its cheap electricity, the absence of legislative restrictions and attractive tax incentives. This combination of factors has engaged not only Georgian citizens but also foreigners who want to try their hand at cryptocurrency mining.

The citadel in Gori. Source: Petrshvili
Land plots in the Tbilisi Free Zone. Source: Tbilisi Free Zone