Why should small developing nations mine Bitcoin and what are some good examples?

Bitcoin mining can have multiple benefits in terms of revenue and power grid stabilization. Not only that the miners can make some profits, but they also increased demand for cheap renewable electricity, might subsidize the costs to build it with the mining rewards, and will definitely stabilize the power grid.

According to mining veteran Filip Pawczynski, El Salvador and lots of countries on the African continent are great candidates for improving people’s live through thermodynamically securing the Bitcoin network.

Listen to S13 E13 of the Bitcoin Takeover podcast to learn more about Bitcoin mining and please subscribe!

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