Dispatch From Georgia: Why Is This Small, Former Soviet Country So Popular For Bitcoin Mining? Today

Posted on

The below article is part of a larger series on Bitcoin mining around the world compiled by the team at Arcane Research.

Bitcoin miners have an outsized presence in Georgia, considering the country’s tiny geographical size and small population. What makes this former Soviet republic so attractive to bitcoin miners?

I lived in Georgia for six months and have first-hand knowledge of its bitcoin mining industry. Using that knowledge and a range of available data, this article will answer that question and more.