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3232Report: Compass to Sell $30 Million in Crypto Mining Equipment Located in Russia
https://www.digit.info/report-compass-to-sell-30-million-in-crypto-mining-equipment-located-in-russia/
Sun, 24 Apr 2022 21:30:34 +0000https://www.digit.info/2022/04/24/report-compass-to-sell-30-million-in-crypto-mining-equipment-located-in-russia/Read more]]>The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass […]
]]>A Russian Operation Is Mining Bitcoin in the Arctic Circle for Cheap Electricity
https://www.digit.info/a-russian-operation-is-mining-bitcoin-in-the-arctic-circle-for-cheap-electricity/
Sat, 16 Jan 2021 20:30:36 +0000https://www.digit.info/2021/01/16/a-russian-operation-is-mining-bitcoin-in-the-arctic-circle-for-cheap-electricity/Read more]]>A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as […]
The U.S.-based company Compass Mining plans to sell $30 million worth of bitcoin mining equipment that’s currently located in Siberia. The decision to sell the mining rigs follows the U.S. government sanctioning the bitcoin mining operation Bitriver and ten subsidiaries. Compass is hoping to offload 12 megawatts of capacity, according to a company executive. Compass […]
A Russian company is leveraging the Siberian city of Norilsk located above the Arctic Circle in order to mine bitcoins. Bitcluster, the owner of the crypto mining operation, plans to expand the firm’s activities after launching the facility in late 2020. According to the company’s website, the datacenter is getting electricity rates as low as […]