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Wednesday, August 30, 2017

Russian Energy Corporations Discuss Partnerships With Bitcoin Miners

Russian Energy Corporations Discuss Partnerships With Bitcoin Miners

Russian media outlets have reported that two major energy corporations have been in discussions with Russian bitcoin miners. The news comes just weeks after Russian state officials announced plans to launch an ICO for a public-private partnership seeking to rival China’s dominance over the bitcoin and cryptocurrency mining industries

According to RT, EvroSibEnergo has received “dozens of requests“ from Russian bitcoin miners seeking to reduce the power costs associated with mining. EvroSibEnergo has stated that “there are over 70 manufacturing facilities with ready-made infrastructure, including quick access to electrical grids and substations, provided with cheap electric power”, which are located throughout Siberia, the Urals, and European parts of Russia.

Full story at

Source: Bitcoin News

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