Russia has imported its largest Bitcoin miner batch
An unknown client in Russia has stacked 20,000 Bitcoin miners at one of BitRiver’s locations in Siberia. Russia has reportedly imported thousands of cryptocurrency mining devices amid a massive surge in the crypto market.A senior executive at BitRiver, the largest crypto mining colocation services provider in Russia, claimed that a local client received over 20,000 crypto mining devices, Russian news agency Kommersant reports Feb. 10.BitRiver founder and CEO Igor Runets said that the total mining power of the imported hardware amounts to 70 MWh, which is reportedly estimated to make up the....
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Big moves are happening within the bitcoin mining industry in Russia. An unnamed miner sent what seems to be the largest single batch of mining equipment to the country. Delivery Took Place at the End of 2020 According to Kommersant, the unknown miner shipped almost 20,000 devices on 14 trucks, which have a total power capacity of 70 megawatts. The media outlet’s estimations show that the hardware shipped from Asia is worth approx. between $40 million and $60 million. The Bitriver-powered data center is located in Irkutsk, the largest city of Irkutsk, in the Siberian Federal....
Alpha Viper circuit board. Alpha Technology has confirmed that shipments of its Viper Scrypt miner will suffer delays of up to a month. The company had previously planned to ship the 'batch one' units in September, but now says the date has been moved to October. "We are confident that we will be shipping in the latter half of October 2014, provided everything goes as planned," director Mohammad Akram told CoinDesk, explaining: "We are doing our best to ensure our customers receive the highest quality of product, which is performing at, if not better the advertised hash rates and power....
Over the last week, the United States and president Joe Biden’s administration tightened sanctions against Russia a great deal. The U.S. banned Russian energy imports, a number of other types of imported goods, and a series of harsh financial sanctions against Russia. In the midst of a restricted global economy, the top two privacy-centric crypto assets monero and zcash saw a significant increase in value last week. Top 2 Privacy Coins Surge While Sanctions Against Russia Continue As economic sanctions continue to restrict the world’s trade further, privacy coins may be....
The invasion of Ukraine by Russia prompted crypto donations from all around the world. It was intended to assist the country in acquiring all the necessary military weapons to withstand the conflict with Russia. Ukraine disclosed how they spent crypto donations, revealing that the majority was spent on armaments. The crypto community has chipped in $54 […]
Bitmain has long led the industry not only in ASIC development but also in making sure they are available to more than just a few big customers. The other hallmark of Bitmain is they announce a new miner only when they are nearly ready to ship. No pre-ordering and long waits. The AntMiner S9 is no exception. Bitmain had recently announced that they would soon be releasing and shipping the first 16nm ASIC to market and followed up by quickly opening ordering and selling out fast of batch one and batch two S9s. The S9 has very aggressive specs compared to the S7 which as the time was top....