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Tuesday, August 29, 2017

Bitcoin Miners in Russia ‘In Talks’ To Get Spare Energy From Energy Firms

Bitcoin Miners in Russia ‘In Talks’ To Get Spare Energy From Energy Firms


In a further twist to Russia’s complex approach to cryptocurrency, power plants have begun selling excess capacity to Bitcoin miners.

As local news outlet Daily Storm reports Monday, the country’s largest energy providers Gazprom and EuroSibEnergo are currently “in talks” with “tens” of miners looking to take advantage of cheap electricity prices.

“No contracts have been finalized so far, but the company (EuroSibEnergo) is not declining partnership opportunities,” reports state.

An interactive map shows around 70 “potential” locations miners could use to benefit from spare capacity.


Full story at http://bit.ly/2xu8Bkr


Source: CoinTelegraph


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