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Digest Finance
 

Studying the profitability of the mining farm's operations

Vol. 26, Iss. 1, MARCH 2021

PDF  Article PDF Version

Received: 19 February 2019

Received in revised form: 28 March 2019

Accepted: 26 April 2019

Available online: 30 March 2021

Subject Heading: FINANCE OF ORGANIZATIONS. ANALYSIS OF ACCOUNTING SYSTEMS

JEL Classification: D53, G32, O16, P34

Pages: 44–52

https://doi.org/10.24891/df.26.1.44

Georgii G. VINOGOROV Belarus State Economic University, Minsk, Republic of Belarus
vinahorav-h@yandex.ru

https://orcid.org/0000-0002-2586-0029

Subject. The article examines the profitability of the mining farm.
Objectives. I determine what aspects the mining farm’s profitability should be analyzed, and articulate my own technique for analyzing, untapping the room for the profitability growth on the analyzable mining farm.
Methods. To make my suggestions reasonable, reliable and substantiate them, I use the comprehensive approach to studying the profitability of the mining farm, general and special methods of research, such as the retrospective, systems and functional-structural analysis, observation, classification, instrumental techniques for grouping, sampling, comparison and generalization, factor analysis.
Results. The study is the first to present the structural-logic model of the factor system of profitability of the mining farm. I assessed factors that influenced the profitability, found bottle necks and aspects to focus on in order to improve the performance of the mining farm.
Conclusions and Relevance. Business entities that are residents at the Belarus Part of High Technology and have mining farms can use the proposed technique, which are of applied nature.

Keywords: cryptocurrency, mining, profitability, mining farm

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