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State-backed Crypto Mining Farm under Construction in Russia’s Buryatia

State-backed Crypto Mining Farm under Construction in Russia’s BuryatiaA new crypto mining facility is being built in the Russian Republic of Buryatia with support from a government-affiliated company. Construction of the infrastructure for the large-scale project is already underway, carried out by a subsidiary of Russia’s largest mining operator, Bitriver. Bitriver Building Large Data Center for Cryptocurrency Mining in Buryatia, Siberia A 100-megawatt […]

Trump’s Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27

Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory Crackdown

Executives from China’s Largest Bitcoin Mining Firms Speak About Regulatory CrackdownDuring the course of the week, the cryptocurrency community has been focused on China and the country’s Financial Stability Board detailing that it aims to crack down on the bitcoin mining sector. Following the statements from Chinese officials and a few crypto businesses abandoning services in the region, executives from some of China’s largest bitcoin […]

Trump’s Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27

Chinese Firm Bit Mining Invests $9M to Build 100 Megawatt Bitcoin Farm in Kazakhstan

Chinese Firm Bit Mining Invests M to Build 100 Megawatt Bitcoin Farm in KazakhstanShenzhen-based Bit Mining is planning to construct and operate a 100 MW crypto-mining data center in Kazakhstan. The project will be implemented in partnership with two local companies that will also provide the enterprise with an array of services. The total amount of the investment will exceed $9 million. Kazakhstan to Host New 100 MW […]

Trump’s Bitcoin push, spot Ether ETF debut, and more: Hodlers Digest, July 21-27