The most important obstacle encountered by the equipment of the mining of Bitquin high temperature to record levels lead to hardware damage.
Refrigeration equipment, which often causes the cost of mining, should be used
Which leads individuals and companies to resort to cold areas to win the cold climate and reduce the need for cooling equipment and thus reduce its budget.
Siberia and other Arctic areas are a haven for the Petcoin mining companies.
Among the companies that have made its name in the world of encrypted digital currency mining is Bitfury, which is second only to Bitmain.
Recently announced the expansion of its business in the state of Georgia through the establishment of a new station in the region.
Georgia has become the second largest region in China's encrypted digital currency mining thanks to the Georgian government's subsidy policy of cutting taxes to the lowest level and pricing electricity suitable for the mining of bitquin and having a cold climate.
The bloomberg site developed Bitfury for a hardware called Magic Gear
Which uses a new method in the cooling process
By relying on a liquid called Novec, which is used in fire extinguishers.
Relying on Novak liquid would reduce 95% of the refrigeration budget by the same source.