Data centers in Nigeria?

[Cryptsafe]

If only the people high up would think about the prosperity overall, not about just filling up their pockets mostly.

Yeah, that applies to most governments IMO, especially in developing countries. Unless you give them enough share to fill their stomach, it's unlikely you can find major breakthrough in their rules, supports, etc. Even your local store probably needs some government support just because they don't want to deal with the hassle of being investigated every month due to "suspicious activities". I remember my friend told me about his experience working in a local retailer for construction and it felt terrible seeing corruption here and there.

I don't know if it is a norm that developing countries are so corrupt that all they hear mostly about them is corruption. The leaders in government in these developing countries care more about themselves than their subjects and the responsibilities for which they were elected into power. I know corruption is everywhere but that of developing or third-world countries is the worst of them all. What you have said is what is really happening in third-world countries, I have witnessed a situation where some government officials were sent on an inspection while we were at the filling station, they came, and if you saw them you could tell they were on duty call and maybe someone must have reported the station to them. They didn't do anything like inspecting the pump and meter, they were already aware of their coming so somebody was waiting for them to take them straight to the office. They came out smiling and laughing and from their actions you could tell that they had been compromised and that the filling station cheats a lot in that area as there is nothing anybody could do about it.

[yhiaali3]

As far as I know, there are a large number of people interested in Bitcoin and cryptocurrencies in Nigeria, but I'm not sure whether it's legal in that country. However, the low cost of electricity is attractive to miners.

Bitcoin mining requires good infrastructure, such as a stable electricity grid and internet connection, and I'm not sure if this is available in Nigeria. Many countries prohibit Bitcoin mining because it consumes a large amount of energy and may affect the stability of the electricity grid.

[Stompix]

But I doubt if they are the same thing because the components, structure and purpose is totally different, so can we still call asic mining data centres?

Every single datacenter has a different structure and different types of computers (servers).
You need a different kind of servers to run something like YouTube and a different thing to run a search engine, much like hosting companies, even if we talk about strictly servers, there is a huge difference in what they provide.

And as long as the mining companies call them datacenters....
https://www.bitdeer.com/datacenter
https://corescientific.com/hosting-for-blockchain-crypto-mining/

[NotATether]

It is just a hype. When it comes to mining, the very first thing that comes to mind is the power stability and availability. Imagine one who starts a mining and rely on the national power supply, you'll end up doing nothing, and if attention is given you, you'll pay exorbitant price for supply.

Honestly that does not surprise me. So it's like most other post-crypto-ban countries then.

[Faisal2202]

Every single datacenter has a different structure and different types of computers (servers).
You need a different kind of servers to run something like YouTube and a different thing to run a search engine, much like hosting companies, even if we talk about strictly servers, there is a huge difference in what they provide.

And as long as the mining companies call them datacenters....
https://www.bitdeer.com/datacenter
https://corescientific.com/hosting-for-blockchain-crypto-mining/

I understand the meaning and purpose of datacentre it's just that mining companies can also be data centers was new to me, now it's not. As bitdeer has called them datacentres while they allow others to mine on their machines well the software these datacentres use like minerplus to manage all the mining operation is great.

I explored these sites and they actually made things in a way that the purpose of datacenter and mining could coexists as datacenters which is great. Thanks for the info +1

[Mr. Magkaisa]

Lately, I've been seeing all this buzz about data centers popping up in Nigeria because of those cheap electricity rates, it sounds like crypto mining dream, right?? But I'm kinda skeptical. Is the infrastructure actually solid? Or it's just a hype.

      -      If their electricity consumption is really low there, I think it should be, because the level of poverty in that country is also high. Which is also very far from other countries if we compare it. And the level of infrastructure in Nigeria is also very far from other countries and it seems like they have been left behind by time, it seems that way to my knowledge.

Because here in the country where I am located, electricity consumption is very expensive here but at least the infrastructure is good, although in the administration that we have at the moment, our president has not continued it, which is also not good.

[joniboini]

I don't know if it is a norm that developing countries are so corrupt that all they hear mostly about them is corruption. The leaders in government in these developing countries care more about themselves than their subjects and the responsibilities for which they were elected into power. I know corruption is everywhere but that of developing or third-world countries is the worst of them all.

It's not that surprising tbh. I believe you can find the same thing in developed countries, just that the number of reports is low because they have many tricks to hide it. I think one key factor is that the public somehow let the culture continue because they don't want to deal with the downside of not bribing government agents. At least that's how it was in my country a few years ago. While some are clearly trying to fight them, the number of bribed officials is too many to cut in a short amount of time so you have to deal with a somewhat faulty system.

[Cryptsafe]

I don't know if it is a norm that developing countries are so corrupt that all they hear mostly about them is corruption. The leaders in government in these developing countries care more about themselves than their subjects and the responsibilities for which they were elected into power. I know corruption is everywhere but that of developing or third-world countries is the worst of them all.

It's not that surprising tbh. I believe you can find the same thing in developed countries, just that the number of reports is low because they have many tricks to hide it. I think one key factor is that the public somehow let the culture continue because they don't want to deal with the downside of not bribing government agents. At least that's how it was in my country a few years ago. While some are clearly trying to fight them, the number of bribed officials is too many to cut in a short amount of time so you have to deal with a somewhat faulty system.

The aspect of bribing officials is way too much, this has made it very difficult for things to function properly as the economy of that nation is concerned. People Live in fear in these nations and are afraid of speaking up for the fear of the unknown. Maybe they could just keep shut for life to go on than being shot lived for nothing.

[NotATether]

The aspect of bribing officials is way too much, this has made it very difficult for things to function properly as the economy of that nation is concerned. People Live in fear in these nations and are afraid of speaking up for the fear of the unknown. Maybe they could just keep shut for life to go on than being shot lived for nothing.

In general, in a poor country, 99% of the population has to scrape by for money, and only a handful of elites are rich. Even the government workers are poor, that's why they take bribes. Thy literally cannot pay their bills without it.

That is the level of corruption going on in these countries, and it really shows you how much you can get away with living inside them, if you're on the evil side of personality.

[SavvyTon]

I don't know, based on what I heard from conversations with people from Nigeria (and Kenya), it doesn't look like electricity there is not something to be proud of. I remember some chat saying certain official selling generators because they don't fix power outages.

Yeah, electricity has been a big challenge in Nigeria, there is no stable electricity supply and this will affect data centers except they plan to build alternative sources of electricity to achieve anything.
Electricity supply has been a big challenge in many African countries, and it something governments has to work on for a sustainable developments of the economy.

I get how tough the electricity mess in Nigeria can be, it's a real headache. But I think there's a way around it. I'd put money into stuff like solar power and good backup systems to keep data centers humming along. With some smart planning and the right setup, I believe businesses can still do great. If the government steps up on energy fixes, I see it helping the whole country grow down the road.

This is a good solution to solve the electricity issue but hopefully the government will take action. The country still has a long way to go, honestly. Who knows if the data centers are even using solar power.

[erus]

I just assume that the need for electricity in every country is definitely needed, especially in Nigeria. I am not from Nigeria but I am sure that Nigeria cannot possibly provide free electricity to all citizens.
In terms of crypto mining, especially Bitcoin, Nigeria certainly needs a lot of electricity reserves, if there are no reserves then the electricity needs of residents' homes will be lacking or in deficit.
I think it is better to prioritize electricity for households and residents than to prioritize electricity for Bitcoin mining, unless the electricity needs in Nigeria are surplus.

[BlockCipherX]

As far as I know, there are a large number of people interested in Bitcoin and cryptocurrencies in Nigeria, but I'm not sure whether it's legal in that country. However, the low cost of electricity is attractive to miners.

Bitcoin mining requires good infrastructure, such as a stable electricity grid and internet connection, and I'm not sure if this is available in Nigeria. Many countries prohibit Bitcoin mining because it consumes a large amount of energy and may affect the stability of the electricity grid.

Okay so I've been checking out bitcoin mining in Nigeria and it's not against the law but the rules aren't clear. The Central Bank doesn't let banks touch crypto which is annoying but mining itself is still okay. The problem is, power goes out a lot, and the internet's shaky too. I heard some people are using water power to keep things going. That's pretty cool! It makes me think about what other simple fixes might work around here.