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BitRiver

Bitriver to open 100 MW mining facility following subsidy from Russia
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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
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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
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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
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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
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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
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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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