CoinGeek

BitRiver

Steve Kaaru

17 February, 2023

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...

Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike

Tech

Steve Kaaru

6 September, 2022

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...

Japanese giant SBI ends ties with sanctioned Russian miner BitRiver

Business

Steve Kaaru

30 August, 2022

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...

US Treasury adds BitRiver to list of Russian sanctioned entities

Business

Wahid Pessarlay

22 April, 2022

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...

Record number of ASIC miners imported into Russia: report

Tech

Jacob Rozen

17 February, 2021

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...

Russia energy titan En+ Group enters digital currency mining sector

Tech

Jacob Rozen

10 November, 2020

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.

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Steve Kaaru

22 May 2025

BitRiver

Bitriver to open 100 MW mining facility following subsidy from Russia

Embattled Compass Mining shuts down Georgia facilities after 50% energy price hike

Japanese giant SBI ends ties with sanctioned Russian miner BitRiver

US Treasury adds BitRiver to list of Russian sanctioned entities

Record number of ASIC miners imported into Russia: report

Russia energy titan En+ Group enters digital currency mining sector

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