Tajikistan Attracts Miners with Cheap Electricity and Hydropower Resources

  • Sergey Maga
  • 18 September, 2024 08:21
Tajikistan Attracts Miners with Cheap Electricity and Hydropower Resources

Tajikistan’s hydropower resources make it an attractive location for energy-intensive blockchain operations like cryptocurrency mining. Electricity costs in Tajikistan are only $0.02–$0.03 per kWh, significantly lower than in many other countries where rates can exceed $0.10 per kWh.

These factors could make Tajikistan a desirable destination for mining companies seeking to minimize operational expenses and maximize profitability. Utilizing hydropower also aligns with global sustainable development goals, as it produces minimal greenhouse gas emissions compared to fossil fuels.

Moreover, Tajikistan could capitalize on the trend by offering the region’s first Bitcoin ETF, potentially becoming a leader in the industry. The application of blockchain technology could also improve the healthcare sector, financial services, and supply chain management, enhancing efficiency and transparency.

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