Bitriver

Bitriver to Sell Tokens Backed by 100 Megawatts of Low-Carbon Siberian Mining Power

<div class=”featured_image_container”> </div> <strong>On April 12, the international provider of colocation services for low-carbon cryptocurrency mining Bitriver announced it is launching a pre-sale of tokens backed by 100 megawatts (MW) of mining power in Siberia. The ERC20 tokens called “bitriver token (BTR)” will represent a single watt-hour (Wh) of Bitriver’s power in Bratsk.</strong> A Low-Carbon …

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Russian Crypto Mining Companies Are Expanding Capacity as the Country Becomes a ‘Preferred Hotspot’

<div class=”featured_image_container”> </div> <strong>Crypto mining operations have been witnessing some changes within the industry in terms of locations. A recent interview with the CEO of the mining giant Bitriver, revealed that Russia is becoming a preferred hotspot for crypto miners.</strong> Russian Mining Giant to Build Two Additional Facilities to Cope With the High Demand According …

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Massive 70 MW Bitcoin Mining Rig Shipped to Russia

<div class=”featured_image_container”> </div> <strong>Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country.</strong> Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have …

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Russian Hydropower Giant Opens Bitcoin Mining Farm

En+, one of the largest aluminium and power producers in the world, is venturing into crypto mining.   En+ decided to enter the crypto space after some experimentation in the field, the firm’s chief financial officer, Mikhail Khardikov, told CoinDesk via a spokesperson. Three years ago the company got mining firm BitRiver as a client, selling …

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Binance Pool Poised to Grab More Bitcoin Hash Rate in Russia and Central Asia

Binance is looking to consolidate more bitcoin mining hashrate to its pool in Russia and the Central Asia region. The world’s largest crypto exchange is deploying a physical server node for its pool at BitRiver, the largest bitcoin mining hosting provider in Bratsk, Russia. The move would give miner owners at BitRiver who choose to …

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