Express

Russia Quietly Imported 20,000 Bitcoin Miner With A Total Capacity Of 70 MW

Mary Liu

Summary: Although Russia's current mining industry is in a gray area, it is said that a large number of miners have been deployed.  Igor Runets, CEO from data center operator BitRiver revealed to local media Kommersant that Russia has imported and deployed 20,000 mining devices, valued at approximately $40 to $60 million, with a total capacity ...

Although Russia's current mining industry is in a gray area, it is said that a large number of miners have been deployed. 

Igor Runets, CEO from data center operator BitRiver revealed to local media Kommersant that Russia has imported and deployed 20,000 mining devices, valued at approximately $40 to $60 million, with a total capacity of nearly 70 MW.

It is by far the largest single batch purchase of mining machines in the country. Runets declined to disclose other information about equipment manufacturers or technical specifications, but all miners are from Asia. Runets also speculated that the buyer may have obtained high-level acquiescence.

By Mary Liu

Last Update:

Tags: ,,,,
Link: Russia Quietly Imported 20,000 Bitcoin Miner With A Total Capacity Of 70 MW   [Copy]
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 4 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 6 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 8 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 11 days ago
  • Can a $300M RWA Fund Save Avalanche's TVL? 12 days ago
  • You need to login to comment.