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I've been speaking with a few groups looking at the US to rehome their bitcoin operations. There's a few US suppliers in the 2.5c/kWh range for 50mWh+ operation
by cannaceo 5y ago
I've been speaking with a few groups looking at the US to rehome their bitcoin operations. There's a few US suppliers in the 2.5c/kWh range for 50mWh+ operations.
Local energy and environmental regs vary but places with low energy prices tend to be pretty amenable in that regard. From a corporate legal perspective it varies. If they're pure miners the issues are BEA/CFIUS compliance, tax structuring, and typical intl. holding issues.
If they're selling shares in their mining proceeds there are other layers involved.
If you know of a place offering 2-3c/kWh or drop me a line!
- clay-dreidels 5y agoHi cannaceo, my wife and I are looking to help participate in this space, albeit on a small scale. How should we reach you?