Russia could be a large player in the crypto mining space, experts in the field have established in research naming the most attractive regions for coin minting operations in the country. The capital Moscow is among the popular mining destinations alongside the places offering the cheapest power.
Cost of Electricity, Logistics Determine Russian Miners’ Choice of Location for Crypto Farms
Russia has everything necessary to become a leader in the crypto mining industry, including low-cost electricity, surplus generating capacity, and well-developed energy infrastructure in many of its regions. That’s one of the conclusions in a study conducted by Intelion Data Systems, an importer of mining equipment, quoted by RBC Crypto.
The company’s researchers say that interest in setting up new data centers for digital currency extraction has increased across the vast country. The primary task for businesses is to choose the right location for their facilities, crucial for the effectiveness of...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...