Mining farm

A mining farm is a place where a large number of computers are set up to mine cryptocurrency. These farms are set up in places where electricity is cheap, such as countries like China or Iceland where there are large hydroelectric or geothermal power plants. The reason for setting up mining farms is to increase the chances of successfully mining a block of cryptocurrency. The more computers that are mining, the more chances there are of finding a block, and the reward can be split among the miners. Mining farms are set up to take advantage of the high computational power required to mine cryptocurrency and to make a profit from it.