Arabian Business has published an article about bitcoin mining and turns out Kuwait is the cheapest country in the GCC for mining bitcoins with a rate of $1,983 per Bitcoin. The reason for that is the cost of electricity in Kuwait is so cheap compared to our neighboring countries. Bahrain, on the other hand, is the most expensive GCC country for mining with a rate of $16,773 per Bitcoin. Check out the article [Here]
20 replies on “Want to mine Bitcoin? Then Kuwait is the Place”
what is this bitcoin you speak of?
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LOOOOOOOL! Gash you’ve just made my day all in the way in Canada!
Based on cost of electricity for locals or expats.
everyone in kuwait is already mining bitcoin. try to get a decent graphics card at retail prices.. impossible.
about 2 months ago i went to buy a graphics card, walked in and told the guy im looking at a 1080 TI, whats the price and the first words out of his mouth was, i have a mining rig i want to sell do you want to buy it.
Wow! This seems very interesting. I should start mining bitcoin. Did anyone notice the blog layout changed from pink to back.
I was literally about to say that! I love the new theme.
Man… if only I could go back in time and tell myself to invest in Bitcoin. *wipes tear*
oh man, I was reading the other posts’ comments. This is why you do your research, kids. My apologies, Mark.
RIP.
Better late than never…
How do i jump onto the Bitcoin Bandwagon and start Mining ?
Got some Bitcoins / Rig / GPU Cards for Sale if anyone is Interested…
1 RIG Complete
Core i3 4th Gen / Asus Z97-PRO Motherboard / 4 GB RAM / 250 GB HDD
GPU’s:
EVGA Hybrid 980 Ti – 2 PCS
ZOTAC 980 Ti – 1 PCS
EVGA 980 Ti – 1 PCS
PSU – 1500w
OPEN Frame… made my me lolz
1 Riser for the 4th GPU
AND 2 X 1080 Ti MSI GAMING X
Mind my ignorance. Is it literally plug and play or does someone have to sit there doing something (mining)?
Well with Nicehash its just like as you said “Plug and play” just need to blow some dust off every week to keep it clean and dust free. you don’t actually need to do anything other that keeping a close eye on the status like GPU / Temps / Updates / Payouts etc..
how are you ? how much for all? how many bitcoin can i take 1 month approx
thanks
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Stay away from Burhan. You don’t mine BTC (bitcoin) with a GPU. Most people use ASIC miners from BitMain like the S9.
GPU and CPU mining is for other alternate cryptocurrencies.
Its actually been proven many times that you would be better off taking the capital you will invest into mining and investing in one of the safer top 10 coins on coinmarketcap, you will get higher ROIs.
Just my 2 c.
Good luck.
Is it legal to import ASIC Miners to Kuwait?
I think Electricity & Water is FREE in Qatar.
Water and electricity are really high in Qatar
i want to start a cheapest mining rig can someone help me i dont know hot set it up
Anyone know where to buy miners, PSUs and other mining gear locally? Currently I buy everything online, but it would be a lot more convenient to buy it locally.