Bitriver to open 100 MW mining facility following subsidy from Russia
Russia is capitalizing on most countries’ anti-mining stance and is directly supporting the construction of a $12.3 million mining facility in Siberia.
Latest BitRiver News
Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike
Compass, which recently laid off 15% of its staff and slashed executives’ salaries by 50%, will relocate its mining rigs to Texas, where it has faced energy issues too.
Japanese giant SBI ends ties with sanctioned Russian miner BitRiver
SBI had remained tightlipped about its association with BitRiver, but sources now reveal it has lost tens of millions of dollars after ending this relationship.
US Treasury adds BitRiver to list of Russian sanctioned entities
Russia's first carbon-neutral block reward miner BitRiver has been added to the Treasury's Office of Foreign Assets Control (OFAC) list of specially designated individuals and entities.
Record number of ASIC miners imported into Russia: report
An unidentified client for BitRiver has recently shipped roughly 20,000 ASIC miners into the firm’s block reward mining facility in Siberia.
Russia energy titan En+ Group enters digital currency mining sector
Moscow-based En+ Group announced a move into the digital currency mining space through a venture with mining farm operator BitRiver.