Data center operators have ‘no problem’ with new Russian crypto crackdown
As Russia works to “more clearly prohibit the use of cryptocurrency,” the country’s largest data center operators aren’t really worried. BitRiver, the largest cryptocurrency mining colocation services provider in Russia, is unlikely to be affected by a new crypto crackdown from the Bank of Russia, according to the firm’s CEO.On Wednesday, the Russian central bank announced that the authority has started working with local banks in order to slow down payments to cryptocurrency exchanges.Sergey Shvetsov, the first deputy governor at the Bank of Russia, reportedly said that the regulator is....
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Russia’s Bitriver, one of the largest operators of crypto mining data centers, may take legal action against the U.S. over the decision to place it under sanctions. The company insists it does not help the Russian government to circumvent international restrictions. Bitriver Rejects US Accusations as Unfounded, Sees No Legal Ground for Sanctions Leading Russian mining enterprise Bitriver is considering filing a lawsuit against the U.S. Treasury Department, which recently designated the Swiss-registered company and a number of affiliated entities in a new round of sanctions against....
Call Center. The Bitcoin Exchange Mt. Gox is based in Tokyo, Japan, so it came to no surprise that most of their call operators speak mainly Japanese. However, when English customers have to wait more than 20 minutes to voice their concerns just to get call operators that does not speak English, the customers got right to be frustrated. Mt. Gox's call center is open today from 10 am to 5 p.m UTC +9, which is reasonable but inconvenient to European customers where the timing would be from 7 pm to 8 am GMT. The press release from Mt. Gox says: A call center has been established to respond to....
Canaan has started mining Bitcoin with its latest Avalon Miner units in Kazakhstan after setting up a service center in the country earlier this month. Major Chinese cryptocurrency miner provider Canaan has posted an update on its crypto mining business in Kazakhstan amid an ongoing crackdown on Bitcoin (BTC) mining in China.Canaan announced Monday that the company has rolled out its own crypto mining business in Kazakhstan using its latest Avalon Miner units.The firm’s move to Kazakhstan comes as part of the company’s broader strategic plans in the country. Canaan previously opened its....
Bitmain has just announced a partnership with many investors and is in the midst of building a 135-watt data center. The data center will house many different companies and is located in, the province of Xinjiang in China. The entire data center will be made up of 45 different buildings with most sold before construction started. The aim of the new data center is to provide a stable, powerful data center that eliminates many of the wasteful setups Bitcoin and even traditional data centers have now. Jihan Wu, Co-CEO of Bitmain From The Official Release. “We have seen that most data centers....