Mining cryptocurrencies in Georgia: Estimation of economic relevance
This study, prepared within the framework of GET Georgia, evaluates Georgia’s potential as a miner of digital currencies. Overall, Georgia has significant potential to become a major producer of digital currencies.
Overall, Georgia has some potential to become an important international “prospector” of digital currencies. Among other things, low electricity and labour costs contribute to this.
In addition to these factors, the study also examines the economic viability of the Georgian cryptocurrencies sector.