Forbes - The Kingdom Of Bhutan Has Been Quietly Mining Bitcoin For Years

in blockchain •  2 years ago 

https://www.forbes.com/sites/iainmartin/2023/04/30/bhutan-bitcoin-mining-crypto/?sh=504e6e7f1f1b
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The Bhutanese government started mining several years ago when the price of bitcoin was about $5,000, a Bhutanese official said.

Despite its small population, the mountainous country generates the same amount of electricity per capita as the United States, thanks to its massive hydroelectric capacity.

And now a 100 MW bitcoin mining data center in Bhutan is in talks with Bitdeer.

What do you think?

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