You are viewing a single comment's thread from:RE: PowerCut In Nigeria & South Africa; How Businesses Are AffectedView the full contextcryptosnowball (54)in LeoFinance • 2 years ago You cannot run a business effectively without interruption of electricity.
This is absolutely true but then, it has to be minimal to some extent, having constant interruption might disrupt so many working system that's already set in place and that's why we talked about it..
One is bound to incur losses when profits start going towards trying to keep the electricity on for business.
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A good example is to try running a mining Bitcoin farm in Nigeria.
Crypto is currently being outlawed in Nigeria... It's a huge shame
It is a shame, but people keep going, making peer-to-peer transactions.
Unless the Bitcoin mining farm is powered through solar energy in Nigeria or even South Africa there are bound to be losses.
I wonder if there is Bitcoin mining u=in Nigeria though?
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With renewable energy like solar panels, I believe is workable. I just learned that crypto is outlawed in Nigeria.
Last time I read in the news it is outlawed, interestingly the number of cryptocurrency users in Nigeria continues to rise.
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