One of Russia’s largest crypto mining farms will be established in Krasnoyarsk Krai in Siberia.
According to the news of TASS, Daniel Zakomolkin, general manager of BitBaza mining company, said that Russia’s largest crypto mining farm announced that one of their mining farms will be established in Krasnoyarsk Krai in Siberia.
Zakomolkin said that the region was chosen to reduce energy consumption and cost, and that infrastructure investments will cost approximately 48 million dollars.
Zakomolkin , announced that the construction of the crypto mining farm has been going on for 1 month in the industrial park, that the farm will use 10 MW of power at the beginning, and that it will increase up to 120 MW in the following periods.
Earlier this month, Russian Interior Ministry officials arrested two people who allegedly engaged in illegal cryptocurrency mining. was. More than 6000 mining devices were found during the search in the area.