Enterprising Miners Seek Out Cheaper Alternative Energy Sources

Vakhtang Gogokhia’s plan to extract cryptocurrencies relies on a strategy familiar to many manufacturers who use a lot of energy: the cheaper the fuel, the better. That’s why Gogokhia, executive officer at Golden Fleece, put a cargo container with Chinese-built computers inside a Soviet-era tractor factory in Georgia, about 60 miles east of the Black Sea. The site made sense for running servers 24-hours a day because it has access to low-cost electricity generated by water