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08 March 2021

Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a 'Preferred Hotspot' – Mining Bitcoin News

Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a 'Preferred Hotspot' – Mining Bitcoin News


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Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a 'Preferred Hotspot' – Mining Bitcoin News.

A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners.

According to Igor Runets, CEO and founder of the Russian mining company Bitriver, American and European investors are moving their infrastructure from China, Africa, and Latin America to Russia.

Such expectations encourage Bitriver to increase its capacity by building two new crypto mining facilities in Krasnoyarsk with 80 megawatts (MW) in total.

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