- Advertisement -Newspaper WordPress Theme
Investments7 lessons learned from building and scaling Bitcoin mining operations By Cointelegraph

7 lessons learned from building and scaling Bitcoin mining operations By Cointelegraph


© Reuters.

It all began with mining (BTC) in a dorm room. What began as a interest with a couple of mining rigs scaled into twenty industry-scale mining farms throughout the globe. Because we scaled our operations in a brand new {industry}, we needed to uncover what labored and what didn’t by trial and error — as a result of there’s no handbook for this.

Building a multi-site, scaled operation like ours isn’t simple, however in case you’re trying to begin your mining operations, scale what you could have, or spend money on a mining firm, listed below are the seven largest lessons we learned that can assist you navigate your subsequent strikes.

Marco Streng is the CEO and a co-founder of Genesis Group and Genesis Mining — one of many largest crypto mining corporations on this planet. Prior to co-founding Genesis in 2013 and changing into an impassioned advocate for blockchain expertise and cryptocurrencies, Marco studied arithmetic on the Ludwig-Maximilian University of Munich.