The former Soviet Republic of Georgia is positioning itself as one of the leading countries in the cryptos space and is now ranked second in the world for cryptocurrency mining after China. This has been the result of the country’s electricity subsidies and fair regulation. Powered by an Accommodating State Despite its obvious economic benefits, cryptocurrency mining has always been scrutinized by would-be investors because of its huge energy requirements. This actually reduces its value Read More The post Republic of Georgia Emerges as a Global Leader in Cryptocurrency Mining appeared first on Bitcoinist.com.



via ICGO https://www.icgo.co.uk/redirect/?url=http://bitcoinist.com/republic-georgia-emerges-global-leader-cryptocurrency-mining/